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Old 01-05-2011, 05:57 PM   #4638
Mmmm, Burger (C.J.)
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Re: Election 2010: Teabaggin' the Ds & Rs

Quote:
Originally Posted by sgtclub View Post
I've been under the assumption that Treasury issues new bonds to finance the maturing bonds held by the SSTF. It's a refi.
Exactly, except now it's a cash-out refi.
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