'Wait and see' crisis management 
Commentary: Fannie, Freddie purchases will buy time for mortgatge rates
By Lou Barnes, Friday, February 12, 2010.
Flickr image by Letheravensoar.A good-news week in the credit patch -- an exceedingly odd mix, but good.
Weakness in Europe, authorities in China tightening into a bubble, a softening data-pattern here, an add to mortgage supply and a woozy stock market conspired to hold lowest-fee mortgages to 5.25 percent, the post-August high. That despite Treasury auctions of $81 billion in long-term paper. Bond ghouls love lousy news.
The National Federation of Independent Business survey (www.nfib.com, "SBET") in January found no meaningful improvement in a small-business "L" non-recovery, and overall retail sales poked along at a 0.4 percent gain.
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