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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (43514)5/19/1998 2:04:00 PM
From: Lee  Read Replies (1) of 58727
 
Patrick,..Re:<< So what gives here? Early news or the usual pre-announcement rumors?>>

If you're talking about Tyx going back to 5.929%, sometimes in the past, when the market has been doing the work of the Fed, and there is no official tightening, we've had a sell-off in bonds. This is unusual and only brought up because the bond market seems to have been compensating for all the things that contributed to the 4.2% GDP last quarter already. Just another possibility.

Regards,

Lee
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