Thursday, July 26, 2007

UPDATE 2-US Treasury's Paulson plays down market volatility

(Reuters) - "We're always going to have volatility," Paulson told
Bloomberg Television. "What we see going on right now is risk
being repriced and as we get a broad reassessment of risk we're
getting volatility."




Global stock markets
fell sharply on Thursday as investors fled risky assets for
safe havens while tightening credit markets threatened to make
it increasingly difficult to finance corporate deals, and the
dollar fell sharply against the yen .


Read more at Reuters.com Bonds News

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