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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.99+0.3%Nov 11 4:00 PM EST

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To: Lucretius who wrote (47555)1/27/2000 9:47:00 AM
From: lorne  Read Replies (1) of 116753
 
Japanese Aren't Enticed by U.S. Debt: Rates of Return
Thu, 27 Jan 2000, 9:13am EST
" Japanese investors moving to cut their U.S. losses were net
sellers of U.S. bonds in November, selling 312 billion yen ($2.95
billion) more bonds than they bought, according to the Ministry of
Finance."

''Treasuries offer significantly higher yields than Japanese
bonds, but that doesn't mean Japanese investors will shift money
abroad,'' said Akira Takei, who helps manage Yasuda Kasai Global"

Full story >>>
bloomberg.com
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