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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Paxb2u who wrote (28927)9/25/1998 1:52:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
My take, I'm not an expert in the field, is that the quality of the paper is risky, so the rates are going up.

That means that corporate paper has been getting much more risky since early 97' (anybody remember KO debt downgrade a long time ago - major indicator)

While stocks have climbed vertically.

MAJOR DIVERGENGE.

BB