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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 38.16+2.5%Nov 7 9:30 AM EST

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To: Sonny McWilliams who wrote (25216)1/13/2000 11:22:00 PM
From: William Hunt  Read Replies (2) of 27012
 
Sonny --The first of several to come :
The U.S. Treasury 30-year bond rose 24/32, or $7.50 on each $1,000 of face value, lowering the yield, which moves in the opposite direction, to 6.65 percent. On Wednesday the yield was 6.72 percent, the highest since July 1997, as investors focused on fears the U.S. Federal Reserve will enact a series of interest-rate hikes this year to keep inflation at bay.

Helping the bond market Thursday was news the U.S. Treasury plans to buy back $30 billion in debt, which would pull some supply out of the fixed-income market.

Also Mr Greenspan finally admitted he is targeting the stock market --no suprise on the comments from his speech tonight ---at least he acknowledge that technology is leading us to a future that will be constantly changing with new paradigm's for the market and investors . I really wonder how much buyback's like in the above article will negate higher rates in the bond market ?

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