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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: ild who wrote (165871)5/14/2002 10:45:50 PM
From: reaper  Read Replies (2) of 436258
 
<<Bill Gross believes long bond yields won't come down. >>

NOBODY believes long bond yields will come down. Bill Gross doesn't. Martin Barnes doesn't. Jimmy Rodgers doesn't. Our own Patron doesn't <g>. Only 9% of money managers in the latest Barron's poll are bullish on US treasuries. Barron's ran a cover article maybe six-ish months ago declaring the end of the bond bull market.

Long bond yields are going lower. A 3-handle on the 10-year by June 2003.

Cheers
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