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To: Lucretius who wrote (3561)7/13/2000 11:09:38 AM
From: pater tenebrarum  Respond to of 436258
 
no, they're rallying because import price inflation came in at only 7,3% year-on-year...with the industrial materials sub component rising by a modest annualized 30%....

the bond traders realize that these are merely rising prices, as opposed to inflation, which is why they decided to buy the bond...



To: Lucretius who wrote (3561)7/13/2000 11:29:42 AM
From: scotty  Respond to of 436258
 
What the heck? CNBS reported on the upcoming BOJ meeting and bad bank loans in the US....Two possibly bearish events....Did Fleck hire on?