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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (77973)3/16/2000 4:44:00 PM
From: BSGrinder  Read Replies (1) of 132070
 
Michael,
The long bond now has a lower yield than the six-month bill! Did this happen often in your day on the bond desk? Isn't someone getting crushed on spread trades? How does this resolve itself?
Thanks,
/Kit
P.S. Isn't the Dow ripe for a put buy? Or is it a haven of "quality" for a NASDAQ flight?
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