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Re: south louisiana post# 100203

Wednesday, 04/23/2003 7:01:16 AM

Wednesday, April 23, 2003 7:01:16 AM

Post# of 704044
The waiver removed a little bit of the threat of an immediate MIR bankruptcy, which is good for all bonds regardless of duration. I think most of the positive movement in MIR bonds in the last few months can be attributed to the rally in junk bonds.

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