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To: Jim Willie CB who wrote (44587)10/14/1999 9:18:00 AM
From: Boplicity  Read Replies (3) | Respond to of 152472
 
What did you mean, everyone notices bonds, that's what driving the market lower.

Greg



To: Jim Willie CB who wrote (44587)10/14/1999 9:57:00 AM
From: cfoe  Respond to of 152472
 
<WHY DOES NOBODY BUT NOBODY EVER NOTICE BONDS?>

FWIW, my take us that no one really believes the economic situation deserves rates at 6.3. It is just no one is interested in buying bonds, at least until some uncertainties are resolved (fed, oil, ppi, cpi). FYI - Rick Santelli (one fo the few on CNBC who seems to know what he is taking about) just said that there is no volume in the bond market, so no floor is being established.


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