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


To: Wyätt Gwyön who wrote (48519)12/31/2005 3:50:15 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
What a crock of shit.
5 or 10 year treasuries outperformed the DOW, the S&P, and the Naz.

That bond funds only made 1.5% has to be bad management.
The article should say "chicken feed" payoff for rollercoaster rides in the major indicies. The DOW actually lost money. The article should also say chicken shit management of intermediate bond funds.

Now as for 100 points on the 10yr, I think it is closer to 25 points. Of course neither of us can prove it but one can say that yields did not go to the moon when Japan stopped interfering in the currency markets and oddly enough the YEN crashed AFTER Japan stopped trying to drive it down.

How many Yen bulls got crushed on that?!

Finally, there have been no huge spikes in yields at auctions where FCBs backed away.

On that basis I say 100bps is a full of shit figure. But there are people that think it is 250 basis points.They are stupider yet. A range is probably smarter. I would say the range is 15-35 or so.

Mish