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Pastimes : Ask Mohan about the Market

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To: tekgk who wrote (6942)	11/4/1997 2:41:00 PM
From: Cynic 2005	Read Replies (2) of 18056

tek, the "decoupling of bonds and stocks" over the last couple of sessions (bonds down and stocks up) seems to have created a notion that people are selling bonds to buy stocks. Given today's action, (bond yield up 3.9 basis point and the stocks are still down, though marginally, it doesn't seem that way to me. The volume is considerably slow (NYSE, -15 on vol ~360 mil. Naz flat with 400 mil.) Any thoughts? -Mohan

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