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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: mitch-c who wrote (40614)12/8/2000 2:05:05 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 70976
 
It's all going to turn out perfectly. The budget surplus is causing some big problems. 30-Year Treasuries used to be the cornerstone of the bond markets, but they are disappearing, because of the surplus. So, hopefully we'll get a bi-partisan compromise, in which the Democrats get to fund all the programs they want, and the Republicans get to enact their wish-list of tax cuts. That, combined with a recession, ought to nicely re-liquify the market for 30-year Treasuries.



To: mitch-c who wrote (40614)12/8/2000 2:23:03 PM
From: Math Junkie  Respond to of 70976
 
I did my best to shore up the surplus with taxable securities sales which I made in January.

"It's a tough job, but somebody's got to do it." <G>


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