Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: sea_biscuit who wrote (71512)	11/21/2007 4:03:40 PM
From: mishedlo	Read Replies (2) of 116555

European Interbank Covered Bond Trading Halted globaleconomicanalysis.blogspot.com European banks agreed to suspend trading in the $2.8 trillion market for mortgage debt known as covered bonds to halt a slump that has closed the region's main source of financing for home lenders. This suspension could last through the end of the year. "As goes Europe so goes the world." If true, the implications are both stunning and obvious. Mish That killed any rally attempt

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