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Commercial Paper Market in Small Bounce.

Source :
New York Times. 10/5/2007, Vol. 157 Issue 54088, pC2-C2. 1/9p.
Publication Year :
2007

Abstract

The article focuses on the data presented by the U.S. Federal Reserve Board regarding the U.S. commercial paper market. The total outstanding commercial paper increased by $4.5 million to $1.859 trillion but asset backed commercial paper outstanding declined by $6.1 billion. Tony Crescenzi, chief fixed-income strategist at Miller Tabak & Co., said that these data, along with persistent drops in commercial paper rates, are clear evidence of stabilization in the market.

Details

Language :
English
ISSN :
03624331
Volume :
157
Issue :
54088
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
27439702