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Technology Stocks : Full Disclosure Trading

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To: advocatedevil who wrote (1316)7/20/2002 3:40:47 PM
From: BWAC  Read Replies (1) of 13403
 
<"That is a significant asset class shuffle from funds and bonds to equities. What prompted it? Why now? >

Isn't it because interest rates are low, thus bonds high, thus with the exception of future interest income, the bond itself has reached its maximum value.

New buyers of bonds will see their principal dissipate upon the uptick of interest rates. Essentially locking them into the bond until maturity.
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