Friday, July 20, 2007

JP Morgan sees rate reset, refi problems looming

(Reuters) - "We are really heading into the reset storm," said J.P.
Morgan analyst Chris Flanagan. "We are on the cusp of that."




Flanagan, J.P. Morgan's global head of asset-backed
securities and collateralized debt obligation research, spoke
during a conference call with clients on Friday.


Read more at Reuters.com Bonds News

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