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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (68767)10/7/1999 11:23:00 AM
From: Freedom Fighter  Read Replies (2) of 132070
 
Mike,

I'm tossing something around in my head. There's been heavy corporate debt issuance in recent months related to concerns about Y2K. Assuming no disasters, would you expect credit spreads to narrow next year when a more even flow of debt hits the market? Or are you expecting problems in the economy to keep spreads high or perhaps even higher?

Wayne
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