The (stock) markets have basically ignored the 1-percent-plus increase in the fed funds rate over the past year, ... The fixed-income market where these companies do their borrowing has not as yet responded as effectively as the Fed may have liked.  -   Robert Heller     Quotes
The (stock) markets have basically ignored the 1-percent-plus increase in the fed funds rate over the past year, ... The fixed-income market where these companies do their borrowing has not as yet responded as effectively as the Fed may have liked. Robert Heller
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