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I don't have a specific time projection, however I would expect it would take a
couple of years as interest rates move quite gradually.
Earl
-----Original Message-----
From: Proffittak@xxxxxxx <Proffittak@xxxxxxx>
To: eadamy@xxxxxxxxxx <eadamy@xxxxxxxxxx>
Cc: realtraders@xxxxxxxxxxxxxx <realtraders@xxxxxxxxxxxxxx>
Date: Friday, June 26, 1998 4:50 AM
Subject: Re: Fut: Bonds targets./ 3.8% long bond
>hi
>
>when do you think we get to this rates 3 month 1 year ?? (3.8-4%)
>
>
>i believe we are already in a deflation mode
>
>price of raw material have decrease to 86% of industries by 5-11% in
>just past 6 month
>
>regards
>Ben
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