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Strategies & Market Trends : Heinz Blasnik- Views You Can Use
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To: Perspective who wrote (2583)6/23/2003 12:54:49 PM
From: Wyätt Gwyön  Read Replies (1) of 4904
 
i read recently that the Fed is backing away from the idea, popularized by Bernanke, of trying to control the long end of the curve--not because they couldn't do it, but because they're afraid the bond market would fall apart when they eventually pulled away from yield caps.
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