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To: Lucretius who wrote (17253)1/29/1999 7:00:00 PM
From: Bonnie Bear  Read Replies (2) | Respond to of 86076
 
The japanese HAVE been dumping their bonds....if you dig around on Yardeni's web site you can find the chart...it seems greenspan has been monetizing them and buying back the highest-yielding ones to get them out of circulation. Maybe he really thought the bubble would burst by itself...I hope he's losing a lot of sleep at night over the mess he's made.