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Pastimes : Pastrami on Rye
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To: Mike McFarland who wrote (216)2/23/2008 3:52:20 PM
From: Mike McFarland  Read Replies (1) of 379
 
Pacific Investment Management Co. bond-fund manager Bill Gross, a Treasury bear, said inflation could keep the Federal Reserve from pushing short-term interest rates much lower. He also thinks the stalling economy could lead to a big increase in government spending, something bond investors wouldn't like to see, because it would mean a surge of supply in Treasurys.
online.wsj.com
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