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To: SeaViewer who wrote (62712)1/29/2001 4:10:40 PM
From: marginmike  Read Replies (1) | Respond to of 436258
 
Isnt it ironic though that the 30 yr is going the wrong way? everyone is expecting this HUGE rate cuts and long bonds are going the wrong way. Besides if you look at a 30 yr chart there is no way yields arnt going higher.



To: SeaViewer who wrote (62712)1/29/2001 4:11:31 PM
From: Mark Adams  Read Replies (1) | Respond to of 436258
 
Ahh, aggressive cutting.

Think we will see 4% long term rates?

Cuts 2-300 basis points would put the fed rate at about 3.5-4.5%. I guess that doesn't leave much room for a steeper yield curve.