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Probably some foreign money parked in bonds over Y2K.
Kent
-----Original Message-----
From: Andy <ronin@xxxxxxxxxxx>
To: Code-List <code-list@xxxxxxxxxxxxx>
Cc: Omega-List <Omega-List@xxxxxxxxxx>
Date: Sunday, January 02, 2000 9:11 PM
Subject: CL_Bonds tanking
Any reasons why bonds are tanking tonight? Y2K, perhaps? :-)
Previous low was 90^23 on 10/25/1999. Right now, it's at 90^10 with a low of
90^08. If that's the case, we should be way over 6.5% in yield.
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