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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Lucretius who wrote (38384)5/4/1999 6:06:00 PM
From: Bonnie Bear  Read Replies (2) of 86076
 
LT: i read that mer thing differently. They're stuck with a big inventory of junk bonds they need to sell fast...they're trying to get their sheep into junk bonds with short maturities. this looked more like a short-covering rally on the treasuries.
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