Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: TFF who wrote (82191)	10/18/2008 4:53:49 PM
From: Real Man	Read Replies (1) of 94695

The bulk of 600 Trillion is interest rates swaps, fixed for floating. When you get a fixed loan to buy a house, the bank does that. If the long treasuries crash, these swaps will be deeply under water, and that's starting, slowly.

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