Tuesday, June 26, 2007

US subprime problems largely contained - Freddie Mac

(Reuters) - Fears have grown that this malaise could spread to other
areas of financial markets and the broader economy.




But Bitsberger said subprime defaults are largely clustered
in a handful of geographic regions. With most debt held by large
institutional, investors are able to absorb some losses and the
impact would likely be limited.


Read more at Reuters.com Bonds News

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