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To: Captain Jack who wrote (4627)10/10/1998 10:21:00 PM
From: D. Newberry  Read Replies (1) | Respond to of 21876
 
John,

<< I am not sure they will put money into US bonds vs their own for less than 2 or 3 %. They may feel their patriotic duty and be more comfy with the cash at home. At 3+% there is a greater chance. Part of the reason our mkt fell so hard the past 2 weeks had to be influenced by their belief there was a greater chance of increases in their mkt and pulled boat loads from the US in a short time frame...>>

Good point. With a falling dollar a foreign investor must consider currency exchange losses as well.

Thanks for your thoughts.

Darrell