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 : BONDS...Let's talk -- Ignore unavailable to you. Want to Upgrade?

To: John Liu who wrote (15)	2/26/1999 9:02:00 AM
From: Liatris Spicata	Read Replies (1) \| Respond to of 37

From today's WSJ: The recent jump in Japanese bond yields has reignited fears of a pullout from the U.S. market by Japanese investors. Thursday, the Treasury market continued its furious sell-off in part because of these concerns. The benchmark 30-year bond stumbled 21/32, or $20.3125 per $1,000 bond-to push up the yield, which moves inversely to price, to 5.650%, the highest yield since August. But Japanese parties owned about7.2% of outstanding Treasurys as of Nov. 30, according to the Securities Industry Association, down slightly from 1997 -- and far less than even some pros believed. "I thought the figure was closer to 20%," confesses a Wall Street economist who requested anonymity. Regards, Larry