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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (16907)8/5/2002 5:48:57 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 36161
 
Jim - I understand treasuries less than metals (if this was possible <vbg>).

Too many diverging data for my brain cell to handle.

If the Dollar would keep weakening, this could see selling in the treasuries = higher yields.
If the foreigners do own that large chunk of US debt (I've have seen $9 trillion this week - lost the link - out of $31 tril total world GDP), these foreigners have no way to go to trade their debt papers but the Dollar. Sustaining the Dollar, and the treasuries = yields down.
If the markets keep weakening, again, monies could rotate into treasuries = yields down.

Really dunno.