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Strategies & Market Trends : Asia Forum
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To: MikeM54321 who wrote (5771)8/22/1998 5:06:00 PM
From: Joseph G.  Read Replies (1) of 9980
 
<<As the budget
stays in surplus, there is less need for the government to issue more debt which, of course,
limits the supply of bonds and causes yields to continue to decline. This should be the fuel
for the stock market's continued rise even with the flatness we anticipate in earnings."
--Elaine Garzarelli, CBS Marketwatch.com >>

Of course we all know Treasury debt outstanding is increasing as we type ...

ustreas.gov
publicdebt.treas.gov
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