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— Jane Bryant Quinn"Never try to time the bond market. Anyone who claims to know the future of interest rates is certifiable."
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It's important to remember how fortunate we are as a country to have a currency and a bond market that is seen in every way as a source of strength and it's a huge responsibility for us to keep it that way.
— Lawrence Summers
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Increasingly, the real estate developers can't get bank loans for their project financing in China. They're now going into the Hong Kong market to raise money in the bond market at very, very high rates, as high as 15, 20 percent.
— James Chanos
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