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Wednesday, 09/05/2007 10:25:10 AM

Wednesday, September 05, 2007 10:25:10 AM

Post# of 46420
Alert! The credit crunch is worse

this morning. We are back to the mid-August spread when the discount window rate was changed. The spread between the 2 yr. and 10 yr. US Treasury notes is about 50 basis points. The Federal Reserve is very nervous about that kind of spread and may act before the 08/18/07 meeting- that is bearish, not bullish after 24 hours.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=22440902

http://finance.yahoo.com/bonds


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