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More likely, Greenspan is seen going to hike bigger and faster.
At 12:00 AM 1/3/00 -0500, Kent Rollins wrote:
>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.
"The conveniences and comforts of humanity in general
will be linked up by one mechanism, which will produce
comforts and conveniences beyond human imagination.
But the smallest mistake will bring the whole mechanism
to a certain collapse. "
Pir-o-Murshid Inayat Khan, 1922 (Sufi Prophet)
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