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Strategies & Market Trends : January Effect 2003

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To: RockyBalboa who wrote (499)6/1/2003 3:24:10 AM
From: Londo  Read Replies (1) of 666
 
Yes.

It seems weird to say this, but long term rates will probably rise in the event of a rate cut - this is kind of like a game of chess, having the ability to threaten a rate cut is more important at this stage than actually performing the rate cut itself.
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