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2010.09.2317:02:00UTC+00Us Dollar Money Market Extends Recent Flattening On Fed's Hints On Quantitative Easing

News:

  • The Eurodollar futures curve was squeezed to its flattest since the height of the credit crisis in early October 2008
  • The spread between three-month and one-year Libor fell to its lowest since December 2008
  • In the govt repurchase sector, five-year Treasuries were running 'special' again, as traders have been ready to pay a premium to get this govt maturity

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