Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.97

-0.9%

11:31 AM EST

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To: Boplicity who wrote (113765)	2/20/2002 1:18:32 PM
From: Jim Willie CB	Read Replies (1) of 152472

on US/Japan, by Lance Lewis... expect higher US interest "The US dollar index opened higher, but reversed to end down almost half a percent and back to last week's lows. The yen slipped half a cent, but is still managing to avoid new lows (for now). The euro rose a hair after opening lower. Treasuries were a little lower as the yield on the 10yr rose to 4.88%. The Japanese were heavy sellers of treasuries in January. Are they done? I doubt it. What will be really interesting to see is how the bond market acts after stocks have finally stabilized. Without Japan to finance us, interest rates are going to move higher, a lot higher." ------ two parts in the "dollar/ bond/ gold" triangle / jw

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