Financial institutions commercial paper shows smallest premium to bills since August.
By Liz Capo McCormick and Sridhar Natarajan, Bloomberg|July 17, 2012 at 05:24 AM
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Short-term borrowing costs for financial institutions have fallen to the lowest since August relative to U.S. Treasury bills in a sign of growing investor confidence that banks will weather Europe’s escalating debt crisis and the slowing economy.
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