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IPFS News Link • Economy - Economics USA

Housing Slump's Third Year to be 'Deepest' Since WWII

11-30-07 • Bloomberg

Credit default swap spreads climbed last week by as much as 335 basis points for builders with investment-grade ratings and by an average 209 basis points for those with junk ratings, according to CreditSights Inc.

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Housing Slump's Third Year to be 'Deepest' Since WWII

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