G'day Ridge, apparrently the fall in bond prices is largely due to mortgage lenders bailing out of bonds after long term rate increases, having bought bonds to hedge against interest rates. geffa, yes according to what I have read this bond collapse is a very big deal, worst since 1984. The bond market is huge. Part way through reading an article about picking stock market moves by studying bond yields. A bit tricky for my hands on kinda brain. cheers Rod
