SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Lee who wrote (123163)5/7/1999 2:08:00 PM
From: TTOSBT  Respond to of 176387
 
Re: "Why would the Fed ease when the bond market was already doing that?"

Because the yield curve was steepening? And because the flight to quality was due to liquidity drying up at the time? My point was sometimes the long bond dictates the logical changes and sometimes the FED action dictates it.

I don't know if they (the bond traders) are correct and certainly have great doubts currently that they should be correct. But I think the bond's are not acting normally. First they gave an indication that they were worried about inflation coming. Then when today's report should have more than quelled those fears the bond market did not react at all. It is still acting in a manner of fear? The pieces just don't fit! Maybe Greenspan is doing a real good job a jawboning so he doesn't have to take any action (which is what I think is really going on) we shall see. But make no mistakes about it, this is not the most powerful country in the world by accident, there bees allot of collusion going on!

TTOSBT