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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: zebra4o1 who wrote (46289)11/30/2005 9:49:35 AM
From: russwinter  Read Replies (2) of 110194
 
I would guess the 4Q is especially bad on these, as the rob Peter to pay Paul market is being shut down, and heating bills start to arrive. The fact that the MBS market is firm through all this is completely bizarre. One gets a sense that central banks are already monetizing it.
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