Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Gabriela Neri who wrote (4589)	12/21/1997 6:44:00 PM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116815

I think I read a few years ago that the long bond is held for an average about three months..when people play the long bond..they can make more if it goes down in yield than by playing a shorter instrument. Maybe people think that in order to avert a depression the Fed will have to cut rates...or a way to avert a deflation by making money even cheaper rather than just printing to their hearts content and possibly buying the bonds back to their heart's content.I am shocked though that the bond broke 6 percent with apparently the Japanese beginning to unload and the dollar beginning to top out..I wonder if all these traders like the game of chicken..(I hate it) (If I don't use humor..I get depressed sometimes..)