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To: russwinter who wrote (32509)11/21/2004 9:38:11 AM
From: Wyätt Gwyön  Respond to of 39344
 
they would increase 50 bps between meetings

aside from ruining the "good" bubbles, like housing, that would be rather onerous on their US Government masters, who must constantly renew short-term debt with average duration at record lows despite low nominal long-term yields.