Jim Cramer says a big cloud over the bond market has been lifted

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CNBC's Jim Cramer on Wednesday praised the Treasury Department's quarterly refunding plan.

CNBC's Jim Cramer on Wednesday praised the Treasury Department's quarterly refunding plan, saying it may have found a way to stabilize the unsettled bond market.

In particular, Cramer praised John Frost, the department's Assistant Secretary for Financial Markets, and the author of the report.

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