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To: Cynic 2005 who wrote (57666)1/12/2001 4:22:59 PM
From: Oblomov  Read Replies (4) | Respond to of 436258
 
Do you mean 230 basis points? Yield curve has disinverted nicely, which is exactly what the Fed wanted...



To: Cynic 2005 who wrote (57666)1/12/2001 4:27:08 PM
From: patron_anejo_por_favor  Respond to of 436258
 
Good point. If the bonds continue to go in the tank, the rate cuts and even more insane print-a-thon are OVER!

Or else the markets are stricken with a case of "The Lucretius Syndrome"!<G>



To: Cynic 2005 who wrote (57666)1/12/2001 4:31:40 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
it actually says, "we're not scared anymore...let's go back to speculation". when the yield reaches 8% or more, then it's saying GFY to the merry pranksters.