SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pater tenebrarum who wrote (53657)1/3/2001 6:52:06 PM
From: Ilaine  Read Replies (1) of 436258
 
I don't know much about bonds, but I suspect that today's surprise rate cut was caused by a sudden lack of liquidity in the bond market, not anything directly to do with the stock market.

Here's an "interesting little tidbit" from right before the fed cut rates - emphasis added:

12:40 ET
30-year: +5/32..5.330%....GNMAs: unch....$-¥: 114.15Just came across an
interesting little tidbit from the stock arena, as a slowdown in the global economy will
reportedly force Office Depot to close 70 stores, cut its sales force by 10%,
consolidate its call center operations and relocate warehouses. The company also
announced that it would write down $45 mln worth of Internet investments, as well as
$12 mln related to joint venture operations in Japan. As far as we are concerned, we
have yet to hear the full story when it comes to corporate losses as a function of
Internet investment, a dynamic that could prove quite bullish for fixed-income if it helps
to exacerbate liquidity concerns.

briefing.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News