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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: PAUL ROBERTSON who wrote (382)7/22/1998 10:10:00 AM
From: Crimson Ghost  Read Replies (1) of 81427
 
Paul: Agree that bonds look good right now, but doubt this will last much longer. I agree with Bill that those expecting the Asian depression to intensify from here are likley to be disappointed. Also the commercials are massively short bonds at this time, while the specs are hugely long. I doubt if bonds yields will be going under 5.5%, and 6% is a good bet by year-end.
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