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To: seamole
Sell-off on the 10- and 30-year bond today. Watch for when the 10-year yield crosses 5%. Interest rate hike coming soon then.
6 posted on 12/23/2003 11:16:10 PM PST by Metternich
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To: Metternich
I agree. There will be a rate hike in the next six months, either because inflation is creeping up or because interest rates are rising and the Fed will have no choice but to raise the discount rate.
8 posted on 12/24/2003 4:38:50 AM PST by Toskrin
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