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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: orkrious who wrote (60960)5/3/2002 8:03:22 AM
From: t2  Read Replies (2) of 99280
 
Ork, If the US bond yields go up today, it will confirm we have possibly the start of a major capital outflow from US treasuries. The dollar index is dropping and looks to break the 114 support, imho.

Maybe the big damage will take place in the bond market. The bond market has been in a bull market ever since Nasdaq 5000....time for that to come to an end?

(time to cover shorts on stocks?)
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