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To: Rarebird who wrote (42896)10/13/1999 8:16:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116762
 
I bet you Kudlows of the CNBC World are going totally crazy and perhaps dangerously close to running naked through the Wall Street screaming "It is not so"...It can't be I would have known first" <gg>

``The bond market has the stock market by the throat,' said John Cleland, chief investment strategist at Security Benefit Group of Cos.

Traders in part attributed the rise in the bond's yield to concerns that the Federal Reserve has not sufficiently increased interest rates to curb inflation.

The very same fears continued to bedevil U.S. equity markets, with investors wary of plowing money into stocks after the Fed last week warned it was leaning toward hiking interest rates.

dailynews.yahoo.com