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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (5156)11/28/2001 11:08:32 PM
From: macavity  Read Replies (2) of 33421
 
Bonds!


...If you believe that markets know better than government bureaucrats, there's another clear sign that interest rates have bottomed: By issuing bonds 20 years ago, Uncle Sam locked in the highest cost debt in the nation's history; today Washington eschews borrowing long term, even though rates are the lowest in a generation.


it's not their money - is it?

saxobank.com

-macavity
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