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To: accountclosed who wrote (47374)6/16/1999 9:47:00 AM
From: John Pitera  Read Replies (2) | Respond to of 86076
 
not at all, he figures that the Fed will raise, I believe.

The argument can be made that the bond mkt would rally, after an initial selloff on a
50 basis point hike, as the bond vigillantes will perceive the Fed being serious about fighting inflation, the dreaded enemy of bondholders.