Silicon Investor (SI) -- The First Internet Community

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.

Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (7599)	8/9/1999 12:10:00 PM
From: Sam	Read Replies (2) \| Respond to of 15132

Is this a buying opportunity in bonds now, as Kellner suggested in his somewhat idiotic "risk-free" column? Or are we going substantially lower? Does anyone besides me think that this talk about impending inflation is nonsense? There is too much capacity in world, with more available fairly quickly if demand asserts itself. If the US slows down, we will possibly face another worldwide financial crisis, this time perhaps a sprialing self-perpetuating crisis which will get deeper and longer than the last one. Raising rates aggressively now seems to me to be much more dangerous than leaving these already historically very high real rates where they are. I think these guys in the Fed want to convince themselves that they are/have been engineering prosperity rather than just being in the right place at the right time, and they may just manage to pull defeat out of the grasp of victory if they try to manipulate things too much. They should go read War and Peace and thank the gods that they are where they are when they are. IMHO.

To: Justa Werkenstiff who wrote (7599)	8/9/1999 12:21:00 PM
From: Kirk ©	Respond to of 15132

re Not only is it the highest yield in the past year, but it is the highest yield since 1997. yes...I've been doing some comparison shopping for strip zero's... In case anyone is interested, it is at suite101.com I might nibble if rates hold later in the day... Kirk out

To: Justa Werkenstiff who wrote (7599)	8/9/1999 12:24:00 PM
From: KurtSS	Respond to of 15132

Justa, For a decidedly bearish short term outlook, and possibly a perspective on the current bond and equity activity, please look at the following: Go to dohmencapital.com Select "Current Outlook" button top left, then choose link at the top to "Special Report.HTML A Crisis is Brewing" Perhaps a clue as to current long bond yield? KurtSS

To: Justa Werkenstiff who wrote (7599)	8/9/1999 1:43:00 PM
From: Wally Mastroly	Read Replies (1) \| Respond to of 15132

Here's a couple of guesses of 6.375% & 6.50% for the peak on 30-year bond yields: quote.bloomberg.com - Right now it looks like it backed off of 6.214%: quote.yahoo.com^TYX&d=1d