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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Mark Adams who wrote (96607)7/9/2002 1:39:12 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 132070
 
Mark,

IMO this is a tough bond market. If the foreigners start dumping our bonds the rates will obviously go up, and deflation seems to be a risk also. Which force will be the strongest. I recently sold my 30 year bonds not willing to take the risk of foreigners taking their capital home. I still have some 20 and 10 year bonds and am watching them closely.

Edit - I am mostly in short term debt.

Joan