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


To: Bonnie Bear who wrote (48776)2/24/1999 8:08:00 PM
From: Peter Singleton  Read Replies (1) | Respond to of 132070
 
<the bond index has been trading like the thirty-year was at 6%>

how so, Bonnie? I need you to talk down to my level on this.

Thanks.

Peter



To: Bonnie Bear who wrote (48776)2/24/1999 10:45:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Bonnie, Just wait. You can't print money like there's no tomorrow and allow credit to multiply uncontrolled and keep low rates forever. However, it will be much worse for corporates, mortgages and munis than for Treasuries. My bond paired trades say so and have said so for several months. <g> I'm not sure about Intl bonds.

MB