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

To: valueminded who wrote (54839)	4/6/1999 4:19:00 PM
From: Knighty Tin	Respond to of 132070

Chris, I don't think anyone is convinced to buy US T-Bonds as an investment. Yes, you do have traders having fun on days like today, but I don't see anyone thinking these certificates of confiscation are a good dea. And corporate bonds are even worse. The further down the credit worthiness line you go, the worse it gets. These higher rates are already choking cos. at the lower investment grades and are suffocating the junk borrowers. MB