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Make Bank on Bank Loans
"With the economy on the mend, though, analysts expect the $500 billion market for bank loans to improve. Analysts forecast that the default rate on bank loans will drop back to around 4 percent in 2010, near the historical average. That could help prices, which tend to rise as default rates go down, says Gunther Stein, chief investment officer for Symphony Asset Management, a large manager of bank-loan funds."
Submitted by
etfguy
12/23/2009
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etfguy
12/23/2009
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