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These bonds become less tempting investments.
And these bonds can take time.
These bonds are just too cheap".
Sometimes these bonds are pushed to breaking point.
Peterson and others derisively refer to these bonds as "IOUs".
These bonds are, of course, the most conservative investment around.
Who would buy all these bonds, if not the Fed?
Sometimes, the country has already defaulted on these bonds.
That makes many of these bonds precarious indeed.
These bonds are particularly popular with pension funds.
These bonds are known as residential mortgage-backed securities (RMBS).
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