Upcoming Fed Cut?

John K. Taber jktaber at onramp.net
Tue Sep 8 04:46:43 PDT 1998

DICKENS, EDWIN (973)-408-3024 wrote: [snip]
> I don't see much upside
> potential for long-rates right now, especially in light of all those
> trillions in Japan's postal saving system that are going to be available
> for investment in U.S. governments, come Jan. 1.

I don't understand. Are there rules/laws now preventing Japan from investing postal savings abroad? Will it be the Post Office enabled to invest abroad?

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