Forum Archive Index - February 2003

["tennyson@caverock.net.nz" <tennyson@caverock.net.nz>]

Hi Holden,

> 
> In one of the messages in the recent gold threads there was mention
> that the US has dropped interest rates. In the fantastic book
> 'Technical Analysis Explained' by Martin Pring, he claims that the
> bonds market leads the stock market primary cycle. He then further
> explains that this is often initiated with a decrease in interest
> rates. Seeing as interest rates are currently decreasing I wonder if
> the bonds market is showing bullish signs.
> 
> Now onto my question - is there an index for the US bonds market?
> 


Holden.  Since all bonds tend to move in tandem with rises and falls 
in interest rates, I might suggest that simply looking at the US ten 
year treasury bond rate is a suitable proxy for a 'US bond index'.

SNOOPY

PS That means the lower the interest rates go, the higher the value 
that is attribtuted to any particular bond.

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Message posted by Harry Tennyson
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