81. The credit markets can be especially unpredictable in a week with a heavy schedule of Treasury debt auctions. 82. The government found Tuesday just how expensive borrowing can get when there is so much uncertainty and nervousness in the credit markets. 83. The job report did set off some buying in the credit markets, where Treasury bond prices rose and long-term interest rates moved lower. 84. The option the county is trying to avoid is an outright default on the bonds, an action that many fear could cut off its access to credit markets. 85. The only payoff would be more efficient state operations, better planning and more credibility for New York in the national credit markets. 86. The New York Times is using a wire story on the credit market. 87. The renewed ability to tap international credit markets will be crucial in financing the investments needed to keep growth humming along. 88. The Times will not move a story on the credit markets tonight. 89. Then, as now, the credit markets were getting nervous, and it was becoming harder for some borrowers to find loans. 90. Then in August the inter-bank credit market evaporated when several banks failed to meet their obligations. |