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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Mark Adams who wrote (253736)	8/3/2003 12:31:39 PM
From: Mark Adams	Read Replies (1) \| Respond to of 436258

Dr Sohn looks at the impact of 5% and 6% TNX on GDP. Note the charts on pages 3 & 4. August 4: Two Interest Rate Scenarios Could rising rates derail the fledging economic recovery? Bond yields are rising for a number of reasons. Higher interest rates reflect stronger economic growth. With little or no inflation, economic growth will be the primary reason for rising interest rates. The deflation scare back in May and June pushed bond yields to unreasonably low levels; now the scare has diminished, bond yields are returning to where they should be. With an improving economy and stock market, money is leaving safe havens like Treasuries and returning to stocks. drsohn.com