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Strategies & Market Trends : The coming US dollar crisis
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To: Real Man who wrote (12786)10/9/2008 4:36:42 PM
From: The Ox  Read Replies (2) of 71454
 
Vi,
I believe that the bond yield rally is a necessary part of the "game plan". If yields were to drop substantially, then there would be another huge round of house refis. This is not what "they" want. No relief for the distressed home owners of this world. Their 401ks cut in half or a third just adds to the distress. You also see this in the Libor rate that keeps rising.

jmo

TO
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