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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Philip H. Lee who wrote (15031)1/6/1998 1:00:00 PM
From: Nancy  Read Replies (2) of 67982
 
Philip,

there are a few more signs signal a close end to the recent bond rally

Utility index didn't rally when bond yield made a new low.

Lots of corporations, incl IBM, TRV, float their long term debt issues. IBM has been known a shrewd issuer of long term debt.
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