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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Les H who wrote (25269)11/16/2004 2:28:33 PM
From: Mike JohnstonRead Replies (1) of 306849
 
5-6 years ago bonds would be limit down on a 1.7% ppi.
There is no question that the fed is intervening on the long end, the question is how is it going to end. There is no such thing as a "little bit" of intervention or a "little bit" of central planning. They will have to go all the way, the minute they stop intervening bonds would go to a 10 % yield.
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