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Politics : Stockman Scott's Political Debate Porch

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To: SOROS who wrote (19025)5/11/2003 7:23:49 AM
From: Crimson Ghost  Read Replies (1) of 89467
 
Anybody notice that bond yields are near their lows despite big stock rally? Bond yields would be MUCH HIIGHER if Grennie were not intervening to keep rates artificially low -- both short and long.

The Greenie "put" for bonds is the key factor keeping the stock rally going IMHO. Of course the price is a plunging buck. This will all end very badly, but who knows how far this can go before sanity returns to the markets.
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