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Surveillance: Raising Rates with Citi's Clark

Bloomberg Surveillance

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How Citigroup's Banking Team Adapts to the Banking Crisis

The Fed's facilities are working to control liquidity issues, but we still have this price stability problem. So where does the money market fund go? I mean, I don't want you to be a rate strategist for Citigroup. But if I got the Howl and Horace Clark call, I think I'm looking at a money market fund of five and a half or even higher percent.

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