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[RT] Re: 30 year treasury issuance suspended



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USZ1 limit up at 11116.


--- In realtraders@xxxx, bruce.larson@xxxx wrote:
> I've given it plenty of thought.  Japanese boomers are about 10 
years 
> older than us interms of demographics.  Nikkei topped out end of 
1989 
> and now Japanese 10 year gov't bond yields are 1.3%.  UK has a 
> natural shortage of 30 year bonds because of actuarial requirements 
> of the life insurance companies.  UK gilt 30 years yield 20-30bp 
less 
> than 10 years.  That's why I've been long bonds since the announced 
> buyback early last year.  The markets are always looking for a 
theme 
> to jump on.  Right now, that theme is a shortage of bonds and an 
> aging population looking for fixed returns for the long haul 
because 
> just as you implied, people are living longer and need that 
security.
> Bonds just touched 111.  Only 6 more points to get to 117.
> 
> 
> --- In realtraders@xxxx, "Mike Higgs" <moongateca@xxxx> wrote:
> > Bruce,
> > 
> > Examine your views of boomers and retirement.  Retirement no 
longer 
> has the "gold watch at 65" definition.  Think about it and it's 
> impact on sell equities/buy bonds.
> > 
> > Regards,
> > Mike
> >   ----- Original Message ----- 
> >   From: bruce.larson@xxxx 
> >   To: realtraders@xxxx 
> >   Sent: Wednesday, October 31, 2001 10:18 AM
> >   Subject: [RT] Re: 30 year treasury issuance suspended
> > 
> > 
> >   As I said before, investors will be forced to scramble for 30 
> years.  
> >   All the equity funny money will seek fixed returns as boomers 
> >   approach retirement.  After the recent stock market fall-out, 
> this 
> >   should have been an obvious outcome.  You're not going to risk 
> your 
> >   retirement on deteriorating corporate credit.  And the short-
> >   intermediate treasuries only yield 2.5-3.5%.  Better hurry to 
> lock in 
> >   that 5% yield!  
> > 
> > 
> > 
> > 
> >   --- In realtraders@xxxx, bruce.larson@xxxx wrote:
> >   > The squeeze is on - 117 here we come.
> > 
> > 
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> > 
> > 
> > 
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