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To: Joan Osland Graffius who wrote (99120)5/2/2001 6:16:44 PM
From: pater tenebrarum  Read Replies (3) | Respond to of 436258
 
do i understand correctly, you want to buy bonds, but hedge your risk in them?

look at bond futures options...they're very cheap. btw, i'd buy TIPS, just in case Al's printing succeeds in bringing inflation back.