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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: HairBall who wrote (7897)3/10/1999 12:18:00 AM
From: HairBall  Read Replies (1) of 99985
 
To All: Tokyo, March 10 (Bloomberg) -- The dollar fell against the yen for a fourth day to a one-week low as traders said a rise in Japanese bond yields could speed the pace of the yen's repatriation before Japan's March 31 fiscal year end....

bloomberg.com

Tokyo, March 10 (Bloomberg) -- Japanese bonds fell for a third day after the central bank governor dashed hopes the bank will guide down interest rates further....

bloomberg.com

Seems I may have been on target with my speculation that Japanese rates would rise and begin to draw Japanese overseas wealth home...

Regards,
LG
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