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When Genius Failed: The Rise and Fall of Long Term Capital Management, by Roger Lowenstein

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Thus, this swap spread is a basic barometer of credit market anxiety; it is the premium that investors demand for taking the risk of being exposed to rate fluctuations in the future.
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When Genius Failed: The Rise and Fall of Long Term Capital Management
When Genius Failed: The Rise and Fall of Long Term Capital Management
by Roger Lowenstein
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