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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: re3 who wrote (53502)7/28/1999 12:25:00 PM
From: pater tenebrarum  Read Replies (1) of 86076
 
no problem ike. FYI 10yr.-swap spreads are at 100 bp.s - a record high; the bond markets seem to signal something, but what? anybody have an idea? at the height of the russian crisis they were at 90bp.'s, normally they gyrate between 30 and 45bp.'s. whatever it is, something is not right.
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