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Non-Tech : MBK---------Bank of Tokyo Mitsubishi Ltd -- Ignore unavailable to you. Want to Upgrade?

To: Elmer who wrote (134)	2/1/1999 5:46:00 PM
From: Paul Berliner	Read Replies (1) \| Respond to of 170

No. People will want to hold cash, thus the bond market and therefore the dollar may weaken considerably late this year. However, its a bit complicated to discuss because the Fed now does 60-day repos, which were established as a Fed Y2K preparation so banks could breathe easier if all the cash that's withdrawn late this year isn't redeposited immediately. Check out my post on the following thread for more: Subject 24812 Also check out: Subject 16203