Excerpt from: Bonds and Interest Rates CFDs and Spread Bets
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| December 11, 2007 | | Spread bets and CFDs on U.S. interest rates | Spread betting on interest rates should take into account that the Fed rate cut decision is expected today. While a 25 point cut has been factored in, some think that the cut may be as high as 50 points. Reuters reports on the Fed rate cut:
"The Fed is cutting rates because the economy is weak so the
attractiveness of U.S assets has diminished. The dollar is very
much viewed as subprime currency," Pais said. | | |
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