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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?


To: Henry Volquardsen who wrote (283)6/25/1998 3:21:00 PM
From: Michael Friesen  Read Replies (1) | Respond to of 3536
 
Henry,

If it is true that rates in Japan are discounting a recession, then if Japan's "on the books" debt is going to increase by $1 trillion, would Japanese bonds be a good short sometime soon since debt/GDP ratio is correlated with yields?

Thanks,
Michael



To: Henry Volquardsen who wrote (283)6/26/1998 10:57:00 AM
From: Gersh Avery  Read Replies (1) | Respond to of 3536
 
Henry .. I have a question for you.

If I may..

I've been lurking here lately and you seem to be very knowledgeable.

Recently China warned the US about possible currency moves that it may have to take if the Yen continues to fall.

Our intervention does not seem to have worked.

What form of action would you expect China to take and what do you think the result would be here in the US.

thanks

Gersh