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Daily Market Update 1/29/09

Interest rates moved higher Thursday following yesterday’s Federal Open Market Committee (FOMC) meeting. The Fed indicated a willingness to purchase long-term Treasuries if necessary to keep rates low, but investors had hoped for more clarity. Our offices remain closed today due to this week’s severe ice storm in Louisville. We apologize for any inconvenience and will reopen as soon as power is restored to our building.

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