Currencies and the Global Capital Markets Message Board

STOCKTALK

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.

Strategies & Market Trends : Currencies and the Global Capital Markets

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Henry Volquardsen who wrote (1456)	4/5/1999 10:37:00 AM
From: Chip McVickar	Read Replies (1) of 3536

Henry, So my supposition that European/Japanese Banks (including Central Banks), sold treasuries at 5% and created the rise of US 30 yrs bonds from 4.69% in Oct 98 into recent highs near 6% is technically Wrong.... There was no massive selling of 30yr bonds.... Wonder where I picked that Idea? <<smile>> Rates rise to attracked buyers...supply and demand. So my position is better stated; "Buyers of US 30 Year Bonds slowed in the first quarter..." Not from extensive selling. Do Long term interest rates ever rise for any reason other then supply and demand? Chip

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next