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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: NOW who wrote (107142)6/7/2001 11:05:25 AM
From: yard_man  Read Replies (2) of 436258
 
I've been watching yields and wondering about the same, but I think something will "throw" AG and he will cut agressively again -- I think the bonds are currently in a small, temporary counter-trend rally.

People keep saying the markets are discounting another .25. I think he will do 0.5, at least, and maybe not wait for the next meeting ... there's a lot of bad news that is being glossed over by the financial press. NAPM is just the tip, I think and AG has access (supposedly) to better info.
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