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To: freeus who wrote (3400)12/2/1997 4:04:00 PM
From: Arnie Doolittle  Respond to of 10227
 
Freeus, go back and read it again. Notice the one liner about NXTL's bonds.

Arnie



To: freeus who wrote (3400)12/2/1997 4:48:00 PM
From: Bernie Diamond  Read Replies (1) | Respond to of 10227
 
<<u.s. yield curves poised to invert>>

Means shorter term securities will pay a higher interest rate than longer term bonds. It's an anomoly that doesn't happen often and basically means lower term rates are too high as compared to the rate of inflation. Hope this explanation helps.

Bernie


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