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A recurring question among market observers in recent days is whether the credit-market turmoil is being adequately considered by the equity markets, which, while lower, still do not demonstrate the same level of panic as the fixed-income markets.
Today, it appears the markets are more or less in line, as investors flock to Treasurys, particularly short-term ones, and credit spreads continue to gap wider, while equities fall. But the depth of the declines in fixed-income still h…
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6 March, 2008| Economy |
@ 22:48
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