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

To: bearshark who wrote (30862)	10/8/1998 12:40:00 PM
From: bearshark	Respond to of 94695

Something is wrong here. The 10-year bond rates just started going up with the 30-year bond rates. (Assuming the data feed is accurate.) That leaves the 5-year and 13-week treasury rates going down smartly--especially the 13-week. Could someone be planning a fed funds or discount reduction that the 13-week would be reacting to? What would that do to our little feast today? So money is leaving long treasuries and moving into short stuff. The XAU is doing nothing and the dollar rallied from its morning lows. Something is wrong here. Any ideas?