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[RT] rate cut inflationary

  • To: <Undisclosed-Recipient:;>
  • Subject: [RT] rate cut inflationary
  • From: "Ira" <mr.ira@xxxxxxxxxxxxx>
  • Date: Mon, 10 Dec 2007 09:46:11 -0800

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The bond market is anticipating a rate cut and it is saying that it is inflationary.  The 30 year bond is down in price so the 30 year interest rate is higher.  Not good for the mortgage markets.
 
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