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Commercial paper borrowing has continued to decline, with October 2016 reports listing borrowing at the lowest level in over a decade. The article ends with
Commercial paper borrowing has continued to decline, with October 2016 reports listing borrowing at the lowest level in over a decade. The article ends with a statement: the Reserve Primary Funds share value fell below $1 or broke the buck shortly after the collapse of Lehman Brothers during the global financial crisis.
What do you think will happen with the prime rate? If anticipating a change, how quickly do you think this will affect commercial paper borrowing?
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