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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus_Long who wrote (287434)	8/16/2002 10:09:27 AM
From: TigerPaw	Read Replies (1) \| Respond to of 769667

If the gov't became a competitor for funds under Bush, why did they start rising in June 1997- -under (Clinton) You might not have noticed in the late 90s, but even as the fed-bank rates went up, long term bond rates often went down. That is because the government did not have to sell so many 30 year's at the auctions i.e. they were no longer competing so intensly for the capital pool. why have they been FALLING under Bush? Long term bonds have hovered around 4% in spite of the 11 reductions in federal interest rates. Junior has only begun his borrow and spend program. The bill is due, but Jr. hasn't put the check in the mail yet. Why do you think the dollar is falling? You remind me of the person who while falling off a cliff shouts, "It's not too bad so far". TP TP