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Reuters: Wilbur Ross buys $1 bln of U.S. municipal bonds

Started by chris, March 06, 2008, 06:01:02 PM

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chris

Wilbur Ross buys $1 bln of U.S. municipal bonds
      


NEW YORK (Reuters) - Investor Wilbur Ross on Thursday said he bought about $1 billion of U.S. municipal bonds last Friday because yields had risen to "relatively unparalleled" highs compared with taxable Treasuries.
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