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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Bill Murphy who wrote (2975)1/9/1999 3:49:00 PM
From: Sawdusty  Read Replies (1) | Respond to of 82220
 
Hi Bill. I see that ECU appears to be rising from a slumber.......in a most provocative way.

Better start looking for the hacienda. <gg>

Regards,

Dan



To: Bill Murphy who wrote (2975)1/9/1999 5:30:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 82220
 
Bill:

I enjoyed Peabody's piece. Incredibly bearish if correct. The worst of both worlds -- a severe recession in developed Asia and higher long-term rates. I have difficulty with the former idea, but fully agree that our bond market will get trashed this year.



To: Bill Murphy who wrote (2975)1/9/1999 7:14:00 PM
From: dospesos  Read Replies (2) | Respond to of 82220
 
Bill:
One other short note which your comments to George Cole on the yield curve reminded me about. James Grauer of Omnitrage Economics has published a short piece called "The Fed's Christmas Wish List" in which he implies that the FED is actually targeting a steepened yield curve. Grauer has a unique twist on this in that he feels a steeper curve front to back would be beneficial.

He is a very funny man who is an excellent bond trader, formerly with CALPERS, and with excellent FED connections.

I hope this URL works. The article is in Adobe Acrobat pdf format.
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