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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: booyaka who wrote (65195)7/4/2006 11:33:13 AM
From: russwinter  Read Replies (2) of 110194
 
Looks like the Sept euroyen yields about 0.52%,
data.tradingcharts.com
then climbs gradually. The difference betwen the 3 and 6 month bill is only 6 bp, 0.36 vs 0.42%. No wonder Riskloves continue to gamble with impunity.
bloomberg.com

I'm not sure how to read this, but doesn't appear to be discounting very aggressive tightening, maybe just once by year end? Seems like almost all markets are betting these Wizards are all talk, and not independant of their politicans. Prescription for a disaster if correct, but the trade also seems offside once again? I'll see what the ECB and BOJ does over the next 10 days, but a crack up boom (and a very crowded one) is looking more and more in the cards, scarey.
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