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Pastimes : Ask Mohan about the Market
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To: tekgk who wrote (10077)12/4/1997 4:37:00 PM
From: Cynic 2005  Read Replies (1) of 18056
 
tek, as smart as most bond traders are, don't they see Japanese intentions to sell every time yield drops below 6%? Either the Japanese will adopt a different tactic or the other bond traders will sell en-masse, (should they see a fundamental justification for that.) I don't think that the Japanese sellers can outsmart the bond traders. For a short while, may be! But not in the long run. IMHO.
-Mohan
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