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


To: Crimson Ghost who wrote (4383)1/5/2004 9:03:44 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Looks like the Fed's sycophantic statements this weekend have kind of swamped the Japanese currency intervention this AM, as the USD quickly cratered afterwards. Chalk up another multi-billion dollar daily loss for Japanese taxpayers. What a scam. I think a foreign panic is underway. The OMO replacement of $16.25B later this AM will be telling and illustrative of Fed intentions. Think they'll do something half ass, and replace about $12B?

The Bernanke-Greenscam message to the Asians,
Ok, bend over, hold your ankles, here goes: Whoop, whoop, whoop, whoop.



To: Crimson Ghost who wrote (4383)1/5/2004 10:35:08 AM
From: mishedlo  Respond to of 110194
 
Fed policy ever, no reason why T-bonds yields cannot surge to 6% or more despite a 1% funds rate.

I agree and that is why I am not playing treasuries.
Although I agree I do not think it is likely. In fact I think it is unlikely, but the most likely thing of all IMO is that the FED keeps rates low until at least the election.

If we get a stock selloff in February (and we usually do) the FED will not be considering haikeing into that. March will come and go without a hike and then we see where we are headed into the election.

M