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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (1810)11/4/2003 10:09:51 AM
From: Crimson Ghost  Read Replies (2) | Respond to of 110194
 
The 10-year bond yield has dropped to 4.33% this morning on a mild pullback in stocks. Credit bubble dynamics continue unabated.



To: russwinter who wrote (1810)11/4/2003 10:35:10 AM
From: ild  Respond to of 110194
 
IMO only layoffs (or fear of a layoff) can make consumers spend less. Also it's my understanding that most laid off people have to settle for worse salary/benefits on their next job.