"Investors Exhale, Treasurys Fall: Decline in T-Bill Prices May Indicate Market Sees Turmoil Subsiding"

Aug 24 07

"Investors Exhale, Treasurys Fall: Decline in T-Bill Prices May Indicate Market Sees Turmoil Subsiding" Says Wall Street Journal. Treasury prices continue to fall and yields rise as the flight to quality unwinds, another drop in CP issuance notwithstanding, says today's "Credit Markets". Friday's WSJ also writes "Investors in KKR Affiliate Seek Advice on Payment-Delay Plan". It says, "The investors include General Electric Co., the Florida state board of administration and money-management arms of U.S. Bancorp and Legg Mason Inc., according to other people familiar with the situation."

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