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Strategies & Market Trends : Waiting for the big Kahuna
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To: studdog who wrote (9760)11/15/1997 12:11:00 PM
From: Joan Osland Graffius  Read Replies (2) of 94695
 
Karl, >>Becuase we and the world can be so productive, there is little chance of inflation, even with wage growth. So I think that bonds are going to come down,

IMO, the risk to our bond market over the next few months is that the pacific rim countries including Japan will have to continue selling their US bonds and that will drive up interest rates. I am watching this closely, but to date it seems like the "fight to quality" has been greater than the selling.

Joan
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