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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (54853)	6/21/2000 5:28:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116764

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To: Hawkmoon who wrote (54853)	6/21/2000 7:37:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 116764

Treasuries have fallen in recent days on speculation the Fed's rate increases may not have done as much to slow growth and quell inflation as was shown in the past month's economic reports. Oil's 33 percent rally the past 10 weeks has added to expectations that higher prices are bound to show up in June inflation reports. Today, crude oil for August delivery rose almost 2 percent to $31.25 a barrel on the New York Mercantile Exchange. .... ....``Globally all bond markets have to compete,'' said Henry Willmore, chief U.S. economist at Barclays Capital. ``Higher rates in Europe will force ours up as well.'' quote.bloomberg.com