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 : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Rational who wrote (8135)11/16/1997 4:23:00 PM
From: Snowshoe  Read Replies (1) | Respond to of 18056
 
Sankar, if the Japanese unload U.S. bonds next week, what effects do you see on rates and the yield curve? Do the Japanese mainly hold 30-year bonds? Do you view next week as a buying opportunity for American investors in U.S. bonds?

Thanks,
Greg



To: Rational who wrote (8135)11/16/1997 4:24:00 PM
From: Zeev Hed  Respond to of 18056
 
Sankar, Friday (actually Thursday late at night our time) the Japanese Finance Minister did make a statement and he was very short of addressing their real problems. $0% of their export goes to the rim, and a competitive currency devaluation process is still in full force in the rim, Japan has not addressed this problem. They will sell treasuries alright, but do it in such a fashion as not to strengthen the yen too much, chinese torture like.

Zeev



To: Rational who wrote (8135)11/16/1997 4:32:00 PM
From: Defrocked  Read Replies (1) | Respond to of 18056
 
Sankar, welcome to this Tread and I appreciate
your posts.

Can you help me out with a simple Fed question?
We used to refer to the NY Fed currency intervention
report as the Cross Report (after Samuel Cross who
ran that section). What is the official name of this
report and is it available on FRED, the St.Louis DB???
Thanks for your help on this as I am still doing my
homework on the further direction of this market.

Additionally, what do you think of John Makin's
read on current economic situation? I'd be glad
to compare notes later this week.

aei.org

Thanks in advance. BTW nice picture in your Web site. :^)



To: Rational who wrote (8135)11/16/1997 4:37:00 PM
From: Joan Osland Graffius  Respond to of 18056
 
Sankar, >>But, when the Japanese begin to sell US Treasury, US$ will be under pressure, so will the repo rates -- then the US stock market will likely head south.

Thanks for your response. You seem think there is faith in rhetoric. If you are right shorting the long bond should be a good play.

Joan