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


To: UncleBigs who wrote (44808)11/5/2005 11:22:00 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Euro/Japan carry trade flows cannot possibly mitigate rising mortgage rates.>

I didn't read where he said it would, he just described the dynamics? Nor do I, so don't disagree with a single thing you said. In fact if anything, as this carrytrade blows up (from lower USD, and higher Europe/Japan rates), I'd expect mortgage backs to get trashed.