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Credit Crunch, ETFs, Oil, and Apple

Bloomberg Intelligence

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The Fed's Back Selling of Treasury Securities

I think money market funds will tilt towards putting more Treasury securities in the portfolio. The banking system is a little bit risky, and we're seeing already a couple of name failures this year. So I think it makes sense now that the Treasury's going to be back selling a lot of Treasury securities. It does make sense for money market funds and a lot of actively managed funds.

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