News Focus
News Focus
icon url

mlsoft

08/21/03 2:27 PM

#143092 RE: Joe Stocks #143087

Joe...

The bonds have taken a whupping today. The JGB has been thrashed for a while now as they work to hold the Yen down and we may follow right behind them.

mlsoft

icon url

duper_man

08/21/03 2:31 PM

#143095 RE: Joe Stocks #143087

What do you expect it to do? the economy is in recovery mode. Every number that has come out so far tells you that. Of course rates will go up a notch from here because as the demand for capital increases so does the price of capital (i.e., interest rates). I just can't find anything wrong with interest rates as long as TNX stays below 5%.