| Author: | Labich, K. |
| Title: | The U.S. economy A $100-billion bath in bonds |
| Journal: | Fortune
1987 : MAY 25, No.11, p.32-33 |
| Index terms: | ECONOMIC PERFORMANCE USA BOND MARKETS |
| Language: | eng |
| Abstract: | How the run on the dollar in April 1987 was harmful to bond owners and investment houses and led to a rise in precious metals. Loss of $100 million. Impact of drop on Japanese Nikkei market on the U.S. market. Purchase of U.S. bonds by Japanese. Investment in metals as a hedge against inflation. Three graphs give: yen per dollar, Treasury bond price, and rise in silver price. |
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