Archive for April 3rd, 2005

Bond Prices … Up or Down … Which Is It?

In March 2004, news tickers reported a larger trade deficit. The Fed announced its decision to raise short term interest. Bond traders, crowded elbow to elbow on their communal desks, alerted by blaring bull horns, were quick to react. Intermediate and long bond prices fell sharply. Operating with a time horizon of a few […]

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