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I suspect the recent fall in US Treasury instruments has as much to do with the Big Boys not having the time or made the decision (given the lack of action by Moody and Fitch) to change their program trading programs in the wake of the S&P downgrade.

Skepticism is the first step on the road to truth. -- Denis Diderot
by ATinNM on Thu Aug 11th, 2011 at 01:30:14 PM EST
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