SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: xcr600 who wrote (6913)11/20/2001 9:10:43 AM
From: samim anbarcioglu  Respond to of 99280
 
They are selling bonds (mostly 10 year), in large quantities, pushing bond prices down and driving the interest rate up. This was seen prominently on Thu and Fri, when home mortgage rates went from 6.25 to 7 for a 30 yr contract.

When they sell such large amounts of bonds, they are doing nothing but removing liquidity away from equity markets.
sam a.



To: xcr600 who wrote (6913)11/20/2001 12:55:16 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
Actually, the growth of $50 B in debt is adding money to the market, they issue paper and turn around and distribute the money borrowed. think the stealth way is not rolling over repos, if you see repos activity slowing down, they are soaking money.

Zeev