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To: pater tenebrarum who wrote (79377)12/13/1999 7:02:00 PM
From: Lucretius  Read Replies (1) | Respond to of 86076
 
things are gonna get ugly over the next few days i think....



To: pater tenebrarum who wrote (79377)12/13/1999 7:31:00 PM
From: SeaViewer  Read Replies (1) | Respond to of 86076
 
Feds are the only big buyer of the bonds. They bought 3b (coupon passes) in last 6 sessions. Also other CB bought some last month. Without the Fed and CB's support, the yield could be much higher right now.

The utility keeps going lower. But who cares in such new era.


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