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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (5826)12/11/2001 12:33:07 PM
From: John Pitera  Read Replies (1) | Respond to of 23786
 
If the Fed lowers to 1.75 tomorrow, and yields continue to back up, what is the Bond market telling us?

the most conventional interpretation is that the economy is going to strengthen going forward.

Diane Swonk, chief economist at banc one, commented yesterday, that "fair value" for the FED funds rate is at
4%.

interesting.