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Politics : View from the Center and Left
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To: Katelew who wrote (152012)12/11/2010 12:24:11 PM
From: Sam  Read Replies (1) of 542655
 
The dramatic backing up of rates this week and the subdued reaction of the stock market makes me uneasy.

Rates were unsustainably low before--that was what made me uneasy. It was inevitable that they would back up once people became convinced that economic growth would revive beyond 3%. They are still, by historical standards, very low. They will be going up. If you can get fixed debt now, you should be getting it. Especially if it is for long periods of time. JMO.
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