Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who started this subject	9/19/2001 6:49:15 AM
From: KyrosL	Read Replies (2) of 74559

Wow, Fed Funds is at 0.5% this morning, per Bloomberg, versus a target of 3.0%. The Fed is really pumping. It seems there is real trouble somewhere -- or everywhere. At the same time, 30-year treasuries are continuing down, their interest rates well above last January, when the Fed started its easing campaign. Not good.

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