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


To: mishedlo who wrote (6809)2/3/2004 11:02:08 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 110194
 
dangerous volatility in TNX, a range (agreed)
I expect a nerve-wracking up&down from 3.9% to 4.3%
then a wider more dangerous up&down from 3.5% to 4.5%

I dont mind disagreeing
do you expect no effect on TNX rates...
from rising USGovt debt requirements,
from continued Asian diversification away from US$-based,
from Chinese diversion to credit supply of growing middle class,
from rising commodity prices (incl energy)
from rising Asian import product prices
??????

these are the forces which will provide bond yield headwinds
how about commenting on how all the above will be overcome, and lower rates will occur

thanks, jim
p.s. I got no problem disagreeing
tells me of upcoming volatility