Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Wyätt Gwyön who wrote (2321)	3/17/2004 2:48:06 PM
From: Jim Willie CB	Read Replies (2) of 116555

so officially bonds have duplicated 1999 stock bubble and mortgage agencies increase their convexity risk with each successive round of refis it is amazing how many experts misread the bond signals now just like with stocks we had a New Economy myth back then what do we have now which governs bond valuation? I am unsure perhaps perceptions of Central Bank control ??? / jim

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