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To: Tom Trader who wrote (40885)2/23/2000 12:45:00 PM
From: Stoctrash  Read Replies (1) | Respond to of 44573
 
<<What is Greenspan to do? >>

I dunno....jawbone it down again I guess.
==========

One thing I have noticed is that LT rates for mortgages are holding higher while the Long Bond has eased...makes for some fat spreads the banks are making...fwiw.



To: Tom Trader who wrote (40885)2/23/2000 12:57:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
I would not be a bit surprised if rates aren't raised, by the way.

Personal hunch.

I dunno; I'm not like you Position guys. If I'm leaving for the Sunny Sands of the South I'm not inclined to give a inkling of thought to what's happenin'. Good luck, though.

I may bring along a book called The Secrets of the Temple, it's about the Fed. Weighs in about 5 pounds; I can tie it to my neck so I keep my head down while practicing my golf swing.