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To: NOW who wrote (105841)5/31/2001 7:18:31 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
how much have long rates risen since the last two cuts?

I think AG is much more scared of deflation than higher long rates. Let's wait a couple more months to see if he is worried -- I say he'll cut at least another 50 and maybe 100 in the next two months



To: NOW who wrote (105841)5/31/2001 7:18:31 PM
From: yard_man  Respond to of 436258
 
delete



To: NOW who wrote (105841)5/31/2001 11:26:39 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<I dont think so. Long bonds have owners who have a quiet but reportedly powerful voice... >

I disagree with this assertion... if unemployment spikes up there is no way they're going to worry about long bond owners. BTW with this looming I have no idea why they've been buying the damn things back. It's stupid.

DAK


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