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To: NOW who wrote (39081)11/19/2000 4:21:12 PM
From: marginmike  Respond to of 436258
 
Yes, The problem is that though the trend is obviously deflationary, The real value of TYX.x is difficult. We have had huge buybanks that wont continue if a recession occurs. The huge Deficit encourages the printing of money if Economic scenario gets ugly, so I have a tough time figuring out what yield is correct and where it should go.