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


To: Freedom Fighter who wrote (59418)5/15/1999 10:01:00 AM
From: re3  Read Replies (1) | Respond to of 132070
 
HI Wayne...so asking YOU this...

if someone came to you and said...I'd like to buy a 30 yr bond, and sell it only if the yield goes from 5.9 to 5 or less...would you say, ok go ahead and buy it now , or wait for a higher yield...

this person would sit with the bond if rates spike up further and take the hit...

H



To: Freedom Fighter who wrote (59418)5/15/1999 3:01:00 PM
From: Knighty Tin  Respond to of 132070
 
Wayne, first sign a note saying that I only shot you because Dr. Kervorkian is in prison. <g>