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Post# of 704041
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Zeev Hed

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Zeev Hed

Re: goodluck post# 149252

Monday, 09/08/2003 11:14:36 PM

Monday, September 08, 2003 11:14:36 PM

Post# of 704041
Only if rates increase markedly...the 30 years bonds was a way to lower the cost of money, Rubin cancelled it because he was running a surplus (or was going to) and rates were coming down. Now that rates are coming up, oferring 30years treasuries with a lower coupon than 10 years might be the short term band aid type of policy the government is opting for quite often.

AZH

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