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November 7th, 2012, 22:44
I'll give you that a there's a remote possibility that the best parts from the opposing plans may have helped, but I don't think it would have been enough.

As I said, I live this crap every day. Two of my closes friends are traders on the treasury curve (one on the 10yr notes and another on the 5yr swaps). Neither of them were worrying about compromises, they were worried about how we were screwed either way.


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