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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chispas who wrote (67819)8/20/2007 4:11:13 PM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
Flight to Safety
globaleconomicanalysis.blogspot.com
What's happened with the T-bill rates recently is unprecedented. It's a sign this crisis is much worse than anyone thinks. Those in "govt bond funds" or high yield money market funds would be well advised to find out before it's too late, just what those funds are invested in. Any Money Market Fund heavily invested in Fannie Mae paper is likely to regret it.

Mish