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To: Lucretius who wrote (115686)8/5/2001 11:02:58 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
Japs to raise rates?

quote.bloomberg.com

Tokyo, Aug. 6 (Bloomberg) -- Japanese banks plan to raise interest rates for loans to companies with credit ratings below investment grade next month to account for the greater risk of default as a recession deepens, the Nikkei English News reported.

An excellent model of what will follow after the Fed uses up all their bullets....

EDIT: Looks like Godzirra decided to skip the Fugu tonight...he went over to Taiwan for some Mu Shu Pork!

finance.yahoo.com^TWII&d=c&k=c4&t=1d