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Politics : Stockman Scott's Political Debate Porch
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To: SOROS who wrote (5090)8/23/2002 12:17:57 PM
From: Jim Willie CB  Read Replies (2) of 89467
 
UBS Warburg on CNBC: "Head&Shoulder" top on 10yr TNotes
very shorterm though, like last several weeks

translated to rates, it calls for rising rates
since this means a bottom H&S on 10yr yields

this could be from one of a few reasons & sources:

economic recovery
foreign dollar-based asset sales
rising commodity costs
rising import product prices

my guess is #2, #3, #4

/ jim
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