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

To: Peter O'Brien who wrote (481691)10/26/2003 1:44:51 PM
From: Orcastraiter  Read Replies (1) | Respond to of 769670
 
We're probably on the brink of a Bond Bubble popping. Interest rates will likely go up, now that the government is printing money, and the additional borrowing will likely put pressure on capital that would be available for a recovering economy, but right as the economy begins to lift, interest rates will too. Stay tuned.

Orca



To: Peter O'Brien who wrote (481691)10/26/2003 5:00:01 PM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 769670
 
The bond market does not like big budget deficits - under any circumstances. Bond prices will drop.


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