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To: Trey McAtee who wrote (52880)9/16/1998 3:33:00 PM
From: Lee  Read Replies (1) | Respond to of 58727
 
Trey,..Re: next they will be tellign us that no one really expected a rate cut to begin with and that a rate HIKE has been priced into the market.

They (CNBS) will probably try broadcasting this but unfortunately, in their earlier interviews with bond floor traders, it's very well known that 25 basis points are already in the bond prices and probably more.

Regards,

Lee