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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (58566)8/25/1999 11:28:00 AM
From: John Pitera  Respond to of 86076
 
all the usual reasons that bond yields go down.

plus you will see people getting out of other debt instruments and shifting some to our govvies. Lots of spread trades.



To: MythMan who wrote (58566)8/25/1999 6:55:00 PM
From: NickSE  Respond to of 86076
 
FWIW, the US dollar gave a triple top P&F buy signal today. Big $$$ should come flowing back into the long bond which will drive the yield down to 5-5.5%. That correlates to Dow 36,000 ± 10 pts.

Nick