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Holiday Special! Inside Baseball with Old Chestnut

The Market Huddle

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What Is the Swap Curve?

The terminal rate is one and a half basis points, or about 1.5% above where it was at the end of last year. The question is why isn't the long end going offered, given that we have so much inflation and things are not good? "It seems to me like, i saw a rickreater from black rock out on there," says John MacIntosh in an interview with Mark Whitaker.

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