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WEDNESDAY AUGUST 08
Yay Bond Market Remember all that commentary about the bond market being totally locked up? Guess what: It's unlocked. Tuesday marked the busiest day in a month for the bond market, as 13 companies sold and renewed bonds. Leading the pack where Kraft and Bear Stearns, who sold $2.25 billion worth of bonds. The big day followed word from the Fed that the economy is still likely to expand. Jeff Ebert, a portfolio manager said, "the market is clearly open for business." Clearly! August 2007New User?Sign up to get free access to TraderDaily.com
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