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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (49852)5/8/2000 9:16:00 PM
From: Les H  Read Replies (3) | Respond to of 99985
 
Euro could disintegrate

news.bbc.co.uk

Looks like more flight of capital from Euroland. But where is it going if the stock markets and bond markets here are falling at the same time?



To: Les H who wrote (49852)5/8/2000 9:17:00 PM
From: pater tenebrarum  Respond to of 99985
 
i noticed...baaad yield curve inversion shaping up. i'm curious as to what treasury's next move will be...a little hint that their position regarding implicit guarantees for GSE debt was 'misunderstood' and 'quoted out of context' perhaps, to bring spreads back in? nothing would surprise me anymore...surely Summers et al. are well aware of credit spreads hugging panic levels.


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