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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (66692)	8/24/1999 10:40:00 AM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

Joan, Not only do they have puts on Treasuries, but they cut back the US bond exposure severely just before the current dollar weakness. However, that hasn't prevented the discount from widening. I am pretty much happy to sit around and collect fat premiums on this one and buy more if it hits $8. I don't know if it will bottom while the Fed's raising rates, but after the stock market collapses, it will be a huge winner, IMHO. Right now, it is just a huge bargain for income investors.