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Subject:  It's different this time... Date:  6/28/2005  10:11 AM
Author:  terminalwriter Number:  12938 of 35272

From http://money.cnn.com/2005/06/24/news/economy/fed_bonds/index.htm

"Historically a flat or inverted yield curve is bad news for the market but I don't think that is the case this time," said Stine. "Buying of Treasuries won't go away when the Fed stops raising rates. The long-end going down just reflects demand for long-term bonds."


Haven't we heard that before?


TW
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