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Posted by
Two Blokes Apr 26 -
Filed in
General
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#TwoBlokesTrading
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With a huge S&L bailout contributing to ballooning federal deficits, a major banking system recapitalization risked pushing Washington's finances over the edge. Beginning the month at 5.64%, 10-year Treasuries ended February at 6.13% - on the way to a May peak of 7.48% and November high of 8.03%.
