Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (12698)	3/23/2000 11:21:00 AM
From: Allan Harris	Read Replies (1) \| Respond to of 15132

I can now buy that 15.000 square foot home kiawah.interliant.com A

To: Justa Werkenstiff who wrote (12698)	3/23/2000 2:00:00 PM
From: Investor2	Read Replies (1) \| Respond to of 15132

"In the bond market, prices continued their ascent as investors shifted out of the agency market and into Treasurys following comments on Wednesday from Treasury Undersecretary for Domestic Finance Gary Gensler. A rout in the agency market was sparked Wednesday after Gensler's comments that Treasury would recommend to Congress that it cut off seldom-used credit lines backing agency issuers. The remarks produced a wave of selling in the agency markets and a huge rotation into government issues, benefiting the intermediate area of the curve in particular. The 10-year Treasury note jumped 23/32 to yield 6.03 percent while the 30-year bond surged 1 10/32 to yield 5.88 percent." cbs.marketwatch.com Best wishes, I2

To: Justa Werkenstiff who wrote (12698)	3/23/2000 2:37:00 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 15132

From Reuters: "Municipals appeared to be tracking rising U.S. Treasury prices, which have improved as investors shifted assets to Treasuries from agency and corporate debt on the heels of a Treasury official's reminder that debt from agencies like Fannie Mae <FNM.N> and Freddie Mac <FRE.N> is not guaranteed by the government." Thank you, Mr. Treasury Undersecretary. Not only have you enriched me today, you have set the equity markets on fire by pushing treasury rates lower again. That is wealth effect for everyone. Bond holders and equity holders will party all day. Greenspan must love you guys. You can't fight the treasury.