SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James F. Hopkins who wrote (24507)9/2/1999 9:11:00 AM
From: HairBall  Read Replies (3) of 99985
 
E*Trade - Trading Points:

08:53 ET Fed Gov Kelley : In the Market News interview, Fed Governor Kelley says that it is premature to conclude that the Fed will not tighten again this year, that the Fed is still vigilant against inflation, and that Y2K will not necessarily prevent a Fed tightening. Though we find that comments from officials other than Greenspan can often be misleading, the bond market is taking these warnings seriously and now sees a 57% probability of a Fed rate hike at the October 5 meeting. The 30-year bond is now down 16/32 at 6.11%.

Now this stuff always cracks me up the bond market is taking these warnings seriously and now sees a 57% probability of a Fed rate hike at the October 5 meeting. Can someone introduce me to this "bond market" entity that made these calculations and then told this reporter its conclusions???

These talking heads can really say some idiotic things...LOL!

Regards,
LG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext