07-24-2007
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Rep Power: 648 | |  Economy - Tuesday (Investor's Business Daily)
Investor's Business Daily - Sales of CDO debt instruments fell to about $6 bil in July, well below a monthly average of $34 bil this year, JPMorgan said. But sales could rebound with some $35.7 bil set to price. Worries over such loans stem from concerns that subprime market woes are spreading to wider credit markets.
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