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


To: mishedlo who wrote (43043)12/19/2005 2:52:51 PM
From: Paul Kern  Read Replies (1) | Respond to of 116555
 
Mish,

The Fed no longer has much of a say in long term rates. You need to look east to the Chinese and Japanese central banks. Say we got into a real tiff over Taiwan, the 10-year could suddenly be yielding eight per cent or more if they stopped buying and started dumping.

JMHO,

Paul



To: mishedlo who wrote (43043)12/19/2005 3:22:48 PM
From: Perspective  Read Replies (2) | Respond to of 116555
 
T-bill yield is really lagging the Fed Funds rate now:

stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G
library.hsh.com

Pricing in potential for a cut in the near future, or just a hunt for liquidity?

BC