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To: Defrocked who wrote (17994)2/4/1999 10:01:00 AM
From: accountclosed  Respond to of 86076
 
Thank you. Very interesting and informative.

I find these overseas rate cuts anomalous to understand the very short term effects on overseas thinking. Do lower rates overseas make US rates look more attractive and they bid up treasuries (with a counter effect due to increased value of US currency)? Or, does your scenario of UK is adding even more money to the world's coffers. carry the short term thinking.



To: Defrocked who wrote (17994)2/4/1999 2:43:00 PM
From: Defrocked  Read Replies (1) | Respond to of 86076
 
Closed out my Tbond shorts profitably on
stops earlier this PM. Will look to reestablish
new shorts later. FWIW.