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To: Road Walker who wrote (98154)2/3/2000 10:08:00 AM
From: Burt Masnick  Read Replies (3) | Respond to of 186894
 
Only possible explanation for long bond at 6% is that there is a reasonably large flight to quality. But from where? People putting their money in both Stocks and Bonds? Stocks still well up. Maybe it's from overseas. But the combination of a fall to from 6.75% to 6% with a fed rise yesterday does not compute. Somethings got to give with the inverted yield curve.


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