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Aberdeen Asia-Pacific Income Fu Message Board

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  • Sapper588 Sapper588 Dec 2, 1999 7:14 AM Flag

    Commentary..high yield market

    You got that right, foreign capital flow appears
    to have been the dominant factor in pricing the long
    bond with considerable effects I also think on agency
    elgibles (mortgage backeds) over say the last 12-14
    months. The million dollar question is how long into the
    future will they be subsidizing low rates on our most
    conservative debt.
    I think the fed is still dominant in
    effecting the shorter term rates.
    Pseudotsuga, doesn't
    that mean something like fake arborvitae?

 
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