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May 14, 2007 The Bond Market Wants a Cut

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The spread between the 90-day T-bill rate and the Fed Funds rate is now at 55 basis points, which is the widest its been since the days immediately after 9/11.

The message is clear: The bond market wants a rate cut.

Posted by edelfenbein at May 14, 2007 3:31 PM

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