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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (6053)5/10/2004 10:06:04 PM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
I think the FED wants to quietly and slowly kill the carry trade. In that end they want ST rates to rise and LT rates to sink. The yield curve is amazingly steep here, exactly what that do not want IMO.

Mish