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Wall Street and the Fear Factor (New York Times)

Some say Wall Street is driven by greed or fear. If so, fear is definitely behind the wheel these days. Some of the fear is perfectly rational — fear that a deal won’t get done, that a mortgage will default, or that more Bernard Madoffs are out there waiting to be uncovered.

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Emerging Markets-Colombia and Brazil test investor appetite (Reuters via Yahoo! Singapore News)

(Updates with final pricing, background)

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Corporate Bonds Still Beckon (Barron's Online via Yahoo! Finance)

Beyond the headlines, interest rates paid by the private sector are substantially higher despite the steep recession. That's most apparent in the corporate bond market, where investment-grade credits continue to trade at levels not far from what junk bonds paid a year ago.

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10 yr paper may fall below 5%, Re to appreciate (Express India)

Money market players have cheered the latest round of cuts in key rates - repo, reverse repo and cash reserve ratio...

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2008 – the year free markets ran amok (The Star)

I AM writing from Boracay, with both my feet well-sunk into the powder-textured white sand on the best stretch of beach in the world located south off the city of Manila.

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