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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 252.34+1.0%12:59 PM EST
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To: Proud_Infidel who wrote (2438)8/15/2002 4:04:31 PM
From: BWAC  Read Replies (1) of 25522
 
Same old game, different tune isn't it? Hey buy bonds! Yields are going down. Translated the Broker Pimps needed to unload their fully valued Bond Inventory.

Bond yields (Interest rates) low, Bond Prices high. As rates approach 1% or zero (or whatever the pimps are touting) the Bonds themsleves approach full value.

Wonder how many people are getting their funds locked up in Bonds, that can most likely only lose principal in the interim before maturity?
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