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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: philv who wrote (37886)8/5/2005 1:41:06 PM
From: GST  Read Replies (1) of 110194
 
Markets are underpricing credit risk -- I think that is at least part of the answer. High risk mortgage loans are being priced is if they were low risk. These are likely to repriced as defaults snowball -- just my take on it.
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