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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (189344)8/25/2002 5:47:59 PM
From: NOW  Read Replies (1) of 436258
 
this was a good call:
"My reasoning is simple: The 10-year note yield has fallen to levels not seen in many a year. Given that a majority of institutions and hedge funds have been long the U.S. bond market for quite some time, they are about to take a good deal of those profits. The ability to earn large gains in the bond market appear to have passed. "
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