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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (125472)11/24/2009 10:34:51 AM
From: Bread Upon The Water  Read Replies (1) | Respond to of 541897
 
V: Additionally, because of this, when rates do rise the rise will be steeper and swifter than normal.

S: (edit) Might that explain bond prices?

V: In a sense, since there is usually a correlation between price and rate.

V: am going out of my area of expertise here,

S: Well not to worry, almost all the "experts" have been wrong.

V: Hell yes. That's why I feel I'm entitled to my two cents.