SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Naked Truth - Big Kahuna a Myth

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: accountclosed who wrote (19131)2/11/1999 8:05:00 PM
From: John Pitera  Read Replies (1) of 86076
 
n post-auction trading, the just-issued bond was trading at a small profit for
those who bought the new bond, as its yield edged down to 5.2875 percent.

It was the only issue of the three this week to currently be trading with a yield
below the auction level. The five-year, sold at 4.767 percent, now trades at 4.825
percent, and the reopened 10-year note stands at 4.916 percent, slightly above the
4.913 percent where it was awarded.

the dealers are sitting on tues and weds new paper at a loss to their winning bids to buy the paper....how good can that be???..-G-

today's 30 year is in the black from the bids that bought the 30 year

The bond mkt held up well considering that the stock market went into a frenzy ....no need for flight to safety/quality rally....as well
who wants to hold bonds if stockmarket going to infinity and beyond..
<<G>>

considering the equity market powerhouse move today and the reasonable
auction ..bonds still ready to rally if stocks do not rise parabolically from here.

Not to fear this is all to Luc's grand plan ....he's da man!!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext