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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: reaper who wrote (155932)3/15/2002 10:09:24 PM
From: yard_man  Read Replies (1) of 436258
 
why isn't the bond market looking past the recovery BS right NOW, reaper?? I know next to nothing about bonds -- is it a question of allocation to higher yielding issues that is killing treasuries -- people continuing to snap up trash on the theory that things really are going to improve and the idea that default rates have peaked -- maybe I should be buying strips or funds that hold them, on the next selloff??

Also what if FDI reverses direction substantially at the same time folks here are recognizing there will be no recovery. If the USD starts a real decline -- we know it has to at some pt for exports to recover or to help any prospects for a real recovery -- will the yield and hopes of capital gains keep foreigners holding on while their USD positions are shrinking?

I'm with the theme, but not sure about the entry pt ...
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