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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (66891)10/20/2003 1:19:52 PM
From: Real Man  Read Replies (1) of 94695
 
Yep, Yen going up sharply may send interest rates higher as bonds tank.
Basically, the Japanese CB is actively buying US treasuries - basically,
all new issued paper - i.e., the US budget deficit is fully supported by
the Japanese central bank. Yen rushing up will send a signal they no
longer do so, or there is a powerful hand buying Yen. Higher rates will kill
the mini-bull in stocks.
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