Interest Rate Roundup

Tuesday, February 27, 2007

Some amazing headlines ...

I can't believe the headlines coming across my Bloomberg ...

"Gauge of Investor Concern Surges by Most Ever as Stocks Tumble Worldwide"

"Corporate Bond Risk Increases Most in 18 Months, Credit-Default Swaps Show"

"Emerging-Market Bonds, Currencies Fall Following Decline in Chinese Stocks"

Need I go on? We've gone from "Money, Money Everywhere" to "liquidity wanted" virtually overnight.


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