SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (339075)7/25/2007 9:53:15 PM
From: Real Man  Read Replies (2) | Respond to of 436258
 
pimco.com

Nice read

"The U.S. economy in turn will not benefit from this tidal
shift and increasing cost of financing. The Fed tightens
credit by raising short-term rates but rarely, if ever, have
they raised yields by 150 basis points in a month and a half’s
time as has occurred in the high yield market."

I guess this too shall pass -g-