Re: falling interest rates

(an intersibling email)

>
> On 3/3/08,  seth wrote:
> who is buying 2 year notes at 1.63????
> seth
>

simple:

high food and gas prices= weaker consumer= fed cutting rates = weaker $= even higher food and gas prices= even weaker consumer = fed cutting rates even more= even weaker $… = prices at infinity and rates at minus infinity

get long!!!