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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: clochard who wrote (80989)12/24/1999 9:29:00 AM
From: NickSE  Read Replies (3) of 86076
 
Steve,

Watch 90'16/32" on the March long bond or 6.54%±. That will be a new low on that contract and P&F sell signal.
quotewatch.com
finance.yahoo.com^TYX&d=1d

6.48%, do I hear 6.5?

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Fed, U.S. Treasury set up special Y2K monitoring posts
news.excite.com

WASHINGTON (Reuters) - The Federal Reserve has set up a Year 2000 "war room" and the Treasury Department's is in the works for the New Year's weekend in case of any financial meltdown caused by the millennium computer bug.

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Fed to Watch Flow of Stockpiled Y2K Funds
washingtonpost.com

Late December is always a peculiar time for money markets. Consumers are out buying gifts like mad and keeping far more cash than normal in their pockets and their bank accounts. Bond traders, who have made money for their firms during the year and don't want to risk losing those profits or their bonuses in some year-end market spasm, generally are sitting on their hands waiting for the new year.

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Happy Holidays,
Nick
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