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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Investor2 who wrote (45895)6/9/1999 12:23:00 PM
From: Defrocked  Read Replies (1) of 86076
 
Your chart is off, Seps have traded as low as
115-06 today, meaning a 114 handle was
only 7 ticks away to 114-31.

I agree 114-00 is much further away. With every
3 price ticks equalling a basis point in yield,
a move to 114-00 from here would increase the
implied long bond yield by around 12 bps to 6.15%
or so.
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