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DewDiligence

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DewDiligence

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Re: DewDiligence post# 101882

Wednesday, 02/01/2012 8:30:29 PM

Wednesday, February 01, 2012 8:30:29 PM

Post# of 257257
The Bond Bubble continues—PG sells $1B of 10-year bonds @2.3%:

http://www.bloomberg.com/news/2012-02-01/p-g-obtains-record-low-2-3-coupon-on-10-year-notes-sold-today.html

This is the lowest interest rate ever paid by a corporation for a 10-year bond, according to Bloomberg.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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