LCDX Pops On Rate Cut

19 Dec 2008

The LCDX rocketed to a high of 78 last Thursday before settling around 77 1/2, a bounce chalked up to Tuesday's rate cut by the Federal Reserve.

The LCDX rocketed to a high of 78 last Thursday before settling around 77 1/2, a bounce chalked up to Tuesday's rate cut by the Federal Reserve. "People expect to move out of Treasuries into more risky assets, and the ones that we should probably move into would ...

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