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Strategies & Market Trends : InvestRight - Short Term Trading St
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To: Jeffrey L. Henken who wrote (343)10/2/1998 7:45:00 PM
From: Ray Tarke  Read Replies (1) of 939
 
When Federal Reserve Open Market Committee on Tuesday lowered its
target for short-term interest rates by one-quarter percentage point.

Mr Greenspan drop the Ball... is indicative by the reaction of the Long Term Bond.

For the week, the yield of the 30-year U.S. Treasury bond fell 28 basis points to 4.84% .

Oh well Mr.G might get it right next time around.

Regards,
R.T
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