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To: Box-By-The-Riviera™ who wrote (251329)7/21/2003 6:09:34 PM
From: Perspective  Read Replies (1) | Respond to of 436258
 
For the first time in many, many years, I may actually have to buy some pootz.

Violent bond market dislocations have a funny way of creating violent stock market dislocations.

BC



To: Box-By-The-Riviera™ who wrote (251329)7/21/2003 6:16:02 PM
From: Perspective  Read Replies (1) | Respond to of 436258
 
This is the most violent bond market selloff since 1931, as far as I can tell. Makes 1987's bond declines look flat by comparison.

From 8.5-10.5% over five months doesn't come close to the gut check produced by a rise from 4.1-5.1% (TYX) in five weeks.

BC


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