Friday, July 22, 2005

Rates up, values down

Bill Cara: It’s all about rates, stupid, Thurs., July 21, 2005, 3:25 PM.
The 10-year U.S. Treasury Note is going down because the Chinese no longer have to keep buying it. Maybe the Fed can look to the Saudi Prince Gazillionaire? After all, $60 crude oil should be good for something.