tbond v. us$ divergence?

[gary@xxxxxxxxxxxx (Gary Funck)]

the US$ made a big move up at the expense of the dmark and jyen Friday,
but the bond was down a little  (rates higher).  This up-trend in the
US$ has been in place for a while, and the bond is testing the bottom
of its trading range.

I thought that as the big players moved into dollars, they'd also tend
to buy othe US$ denominated assets like the bonds, or stocks, but
both US bonds and stocks have been looking weak of late.  Does that
mean the money is just 'parked' into US$ waiting to be deployed?

Any ideas on the significance, if any of a stronger dollar, but weaker
bond?  Any opinions on the impact on US stocks?


-- 
| Gary Funck,  Intrepid Technology, gary@xxxxxxxxxxxx, (650) 964-8135