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To: Ken98 who wrote (82382)1/5/2000 12:19:00 PM
From: Cynic 2005  Respond to of 86076
 
Well said. Part of the reason is that bond boyz know this thing will end in total chaos, which will weaken the US banking system.

In the mean time, DUNG is fighting with 3.8k. Looks like it might hold, if the bond doesn't tank further.

quote.yahoo.com^IXIC&d=5d



To: Ken98 who wrote (82382)1/5/2000 12:22:00 PM
From: clochard  Read Replies (2) | Respond to of 86076
 
These guys are in for a penny, in for a pound. I think they will repo every day, just enough to keep stocks afloat, but not enough for bondholders to realize they are being shafted to death. That way, the complete collapse of the dollar can be accomplished as well as stocks and bonds.



To: Ken98 who wrote (82382)1/5/2000 12:44:00 PM
From: flatsville  Respond to of 86076
 
Thanks Ken. I though it had to be a decimal reporting error. But since appeared on the Bridge news feed after the Reuter's report and the report came out just a few minutes before the spike in yield it made me wonder.