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To: DMaA who wrote (120401)6/16/2005 9:28:17 AM
From: kumar  Read Replies (1) | Respond to of 793955
 
apologies I have no idea how to read that chart. perhaps u could explain in layperson's terms ?

Treasurys losses trimmed after data
Figures on housing, jobs support outlook for Fed hike
By Rachel Koning, MarketWatch
Last Update: 9:27 AM ET June 16, 2005


CHICAGO (MarketWatch) -- Prices on U.S. Treasury notes and bonds were lower Thursday for a sixth session in seven as the bond market saw little economic evidence to argue against continued gradual interest-rate increases from the Federal Reserve.



To: DMaA who wrote (120401)6/16/2005 11:09:06 AM
From: DMaA  Respond to of 793955
 
What CB said. Also, the implicit assumption throughout the article is that central bankers can set interest rates anywhere they please. Nonsense.