“Unmitigated disaster” in chart form
Posted by Sam Jones on Jul 16 11:09.
Pace Jim Rogers.
Actual numbers: cost of protecting US government debt up 2 basis points to 22bp at close Tuesday, exceeding March all-time-high of 20bp. HT Alea: “In normal times, the spread [full stop] is less than 2bp.”
This entry was posted by Sam Jones on Wednesday, July 16th, 2008 at 11:09 and is filed under Capital markets, People.
Tagged with Fannie Mae, freddie mac.
