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To: NOW who wrote (98345)4/27/2001 1:57:03 PM
From: SeaViewer  Read Replies (3) | Respond to of 436258
 
5- and 10-year bills got whacked today. That's usually not good for mortgage rates.



To: NOW who wrote (98345)4/27/2001 3:17:24 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
i think what i outlined previously as a possible scenario might come to pass: i.e., a mixture of inflation and deflation, with inflation gripping all the sectors that have seen neglect in recent years (Cali electricity prices being a good example) and continuing deflation in sectors beset by vast overcapacities.