Analysts Expect Massive Sell-off in Fixed-Income Market to Stabilize
August 8, 2003
Despite one of the worst plunges in the bond market in the past decade, some analysts don’t believe the economic fundamentals point to the kind of sustained sell-off that occurred in the massive fixed-income market during the mid-1990s. Lehman Bros. analysts said Wednesday in a teleconference that relative stability in Congress – setting aside for the moment controversial efforts to reform oversight of the GSEs