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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Mike Johnston who wrote (60117)5/2/2006 11:40:03 AM
From: John Vosilla  Read Replies (1) of 110194
 
Good question. I remember long term rates remained very high even after inflation had been squashed as the market didn't buy the new paradigm. Short term pain in 1980-82 didn't really pay off IMHO until the boom of the second half of the 1990's.
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