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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: saju chacko who wrote (26784)3/18/1998 11:34:00 AM
From: Knighty Tin  Respond to of 132070
 
Saju, I think long bond rates may tick down a bit, while short term rates and mortgages back up a bit. No big deal either way. The need to borrow to fuel this stock mania keeps short rates high, while the robust housing market could cause a blip in mortgages. The fact there is no real growth in the economy argues that the long bond could see lower rates. Just an opinion and not a very strong one at this time. MB


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