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To: TimF who wrote (52085)8/22/2001 8:50:01 PM
From: AK2004Respond to of 275872
 
Tim
I agree and I think I agreed with that point in my last post. Reduction or increase in borrowing rates may or may not affect the real rates in the same way as they effect T rates.
My point was that most of the effect from the rate reduction is purely from market reaction to the fact of the reduction and by how much vs economic considerations.
Regards
-Albert


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