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.

Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Robert Graham who wrote (42973)	5/11/1998 4:34:00 PM
From: Lee	Read Replies (1) \| Respond to of 58727

Hi Robert,...Re:<<do not know of what can account for the recent increase in the interest rate>> Bonds are reacting to upcoming supply per URL economeister.com US TSY MKT CONTINUES SOFT TONE; PRE REFUNDING AUCTION SET-UP If you will notice, bonds have been trading in a range of 6.088% to 6.7% for about 6 months. chart1.bigcharts.com:80/report?r=chart&onbad=badsymbol&country=us&time=7&freq=1&compidx=aaaaa%3A0&ma=4&maval=9&uf=7168&lf=1&type=2&style=3&size=2&symb=TYX&comp=&sid=11421&sec=x&xyz=11608984&s=7752 So, other than supply coming to market and the upcoming PPI and CPI numbers, bonds are just hanging around. Plus, once we get above 6.1% there are rumors that a significant amount of buying will come in. Regards, Lee