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To: pater tenebrarum who wrote (83578)1/18/2000 11:26:00 AM
From: Ken98  Read Replies (2) | Respond to of 86076
 
Heinz, a couple of questions on bonds. First, could part of the yield inversion be the result of the UST financing shifting to 5 & 10 instruments during the Clinton administration from the traditional 30 year? Second, why does it make ANY sense for the US gov't to shift to shorter term financing AND to be buying back the 30 years like last week? (All the while increasing its financing activities in the shorter term arena)



To: pater tenebrarum who wrote (83578)1/18/2000 2:23:00 PM
From: hunchback  Read Replies (1) | Respond to of 86076
 
Is Dan Wollanchuck the same as Don Wolanchuck?http://www.wolanchuk.com/



To: pater tenebrarum who wrote (83578)1/18/2000 7:53:00 PM
From: bill meehan  Read Replies (2) | Respond to of 86076
 
Heinz, Isn't Wollanchuk also predicting that the Dow is going to 6-digits in the not-too-distant future?



To: pater tenebrarum who wrote (83578)1/19/2000 3:27:00 AM
From: clochard  Read Replies (1) | Respond to of 86076
 
Unlike the Japanese, the Fed can and will print their way out of this problem. The US is the most creditworthy and largest creditor. They will have to pay increasing rates for the money, into the double digits, but they will get as much as they want. Its a no-brainer solution for a no-brainer government.