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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?


To: ScrapCollector who wrote (1488)5/12/1999 1:39:00 PM
From: Sir Auric Goldfinger  Read Replies (2) | Respond to of 3543
 
10 year Note auction did not go well. Last time we had a stock/bond divergence like this was in May of 1987, but things happen faster now.
The notes were priced sub-par, that is a small signal that the bond market does not like the news. The bs talking heads are saying his resignation was already priced into the market. NFW.