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To: Ken98 who wrote (97316)4/23/2001 2:26:06 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<Can you say "bag-holder"?>>

Big time. Although if this somehow turns out to be a deflationary recession, they'll be OK in the short run. Over time, though, Easy Al and his merry band of lunatics will exact their revenge...All Creditors must be Destroyed!<G>



To: Ken98 who wrote (97316)4/23/2001 2:26:15 PM
From: oldirtybastard  Respond to of 436258
 
Debt from U.S. government-sponsored entities like Freddie Mac and Fannie Mae was mentioned as the most likely substitute to Treasuries. Already 70 percent of central banks and multilateral institutions own U.S. agency securities, up from 54 percent in 1998, the survey found.

Corporate bonds and asset-backed securities would also receive extra demand from a further decline in Treasury supply.

that's just great


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