Falling interest rates hurt Missouri's investment portfolio

Wednesday, December 17, 2008 | 4:41 p.m. CST; updated 9:13 p.m. CST, Wednesday, December 17, 2008

JEFFERSON CITY — It may be cheaper now to take out a car loan. But the declining interest rates designed to spur lending and make it more affordable for consumers to buy big-ticket items also have battered the state's investment portfolio.

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