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Pastimes : Ask Mohan about the Market

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To: Tommaso who wrote (10224)12/5/1997 8:56:00 AM
From: Syd Deem  Read Replies (2) of 18056
 



Inflation on horizon?
In a surprisingly strong report, the Labor
Department said Friday that 404,000 new
jobs were created in November, putting
the unemployment rate down to 4.6
percent. The bond market reacted sharply,
with prices dropping nearly 1-1/2 and the
yield shooting up to 6.16 percent.
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