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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (1417)1/28/2000 1:36:00 AM
From: Jim Willie CB  Read Replies (1) of 35685
 
minor issue on detail for Bonds

30yr Treasury Bond now no longer the critical bellwether
with Federal surpluses, supply is being soaked up with refunding
Govt debt is predominantly in 30yr bonds

like for the mortgage industry, the 10yr bond is now the critical one

today the 30yr bond "TYX" saw reduced yield
BUT THE 10YR BOND "TNX" SAW MORE INCREASES IN YIELD, UGH
the 10yr now is the game

/ JW
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