Financials pressure stock markets; rates on 3-month US bills slide

Story date: 2007-08-20 08:45:00
Added on: 2007-08-20 23:35:03

Thunder Bay Chronicle-Journal - ... paper market was rocked last week by a credit squeeze that originated in the U.S. subprime mortgage ... Treasury bills fell in Monday’s auction, with rates on three-month bills sliding to the lowest level in more than two years as investors fled ...


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