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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (39042)12/11/1998 8:26:00 AM
From: Lucretius  Read Replies (1) | Respond to of 132070
 
Disagree, foreigners own the majority of our L-T treasuries, as the dollar continues to fall as Uncle AL prints cash... bonds will get slaughtered, but not as bad as stocks. As yields rise, Americans will sell stocks and buy the bonds from the foreigners. IMO of course?