Tuesday, November 21, 2006 2:19:18 PM
It would seem to me, that with the transparency that exists today in the markets for existing bonds, the bucket-loads of cash out there (courtesy of the Fed), and with the very narrow spreads along the Yield Curve, that bond traders are dying because of a lack of profitable opportunities, and would LOVE to get the much bigger fees that come with new underwriting business.
In this sense, USSE should be able to do a deal SOMEWHERE.
JL
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