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To: Mark Fowler who wrote (55866)5/6/1999 11:46:00 PM
From: Mike M  Respond to of 164684
 
Bonds yields should settle down after the employment report.

That would suggest that the breakout in interest rates was a mistake... Maybe, but I don't think so.... If this report doesn't explain the flare-up in rates, then another one will....The rates are responding to the money explosion. The market will adjust to the interest rates rise, one way or another.... It just isn't likely to forgive unprofitable or 600 PE businesses....


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