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the latest: for those who think credit conditions matter


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#1 humble1

humble1

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Posted 30 January 2009 - 03:59 AM

there are a lot of chriping robins in this very latest and somewhat detailed article from bloomberg. of interest:

+ note that conditions, in general, are back to where they were on 9/18.

+ amgen's just released large bond issue soared in price.

+ the FED's commercial paper facility is working so well that $70 billion very soon will be orderly removed from the program.

+ corporate treasurers, an important part of the subset which panicked into US treasuries, are moving in the other direction.

this article will not waste your time:

http://www.bloomberg...6...&refer=news

Edited by humble1, 30 January 2009 - 04:00 AM.