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To: yard_man who wrote (228527)3/17/2003 1:14:40 PM
From: reaper  Read Replies (2) | Respond to of 436258
 
<<how've the Asians been doing lately with their "bond plays?" >>

well, since agency security spreads have been tightening to record lows recently, i imagine not too badly.

and maybe some of these guys are hedging their dollar exposure (perhaps accounting for some of the substantial weakness in the dollar recently?). you can do that you know.

Cheers