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[Pen-l] Re: Performance of gold, SP500, and 30-Yr T-Bond in last 5 years



Julio:

> I don't think so.  Yields are a function of going prices.  And prices
> incorporate coupon information.

So? How does this contradict what I said? You know me personally
Julio, so don't you remember that I happen to be a quant who knows how
to price these things quite well? Doyle is right! These text based
communications are quite problematic!

Best,
Sabri
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