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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: NickSE who wrote (56503)8/16/1999 10:02:00 AM
From: John Pitera  Read Replies (1) of 86076
 
Nick,

the bond market is getting support from a long-term trendline that goes all the way back to 1984, I don't think we will go higher than 6.35 this year, and we may have already seen the high in yield this past week.

I could believe we might make one new high in yield, but I think rates are very close to the top.

The US$ is more open ended imo

JOhn
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