www.ONN.tv Asks CBOT Trader Jack Broz About Global Rate Cut and the Future of the Treasury Market

Business Wire, Oct 8, 2008

CHICAGO -- Early this morning ahead of the U.S. market open, the Federal Reserve along with other central banks worldwide announced a global rate cut. In the aftermath of this move, Kevin Cook, host of all programming for www.ONN.tv's Mark2Market channel, featured an interview with Jack Broz, Chicago Board of Trade member and president of TheMarlinLetter.com.

The interview, which appears on Mark2Market's "Yield Curve Update" program, discusses the implications of this move, and what it may mean for market volatility, Treasury futures, and trading in foreign indices.

"I think [the European Union and other global economies] said, look, we've got to move together, all of us, at once," Broz said, discussing the historic rate-cut move. "The [Treasurys] market wants to just O take a step back now," Broz also noted, adding that "the market is still strong; it's still trying to push yields lowerO"

The complete report can be found on the Mark2Market channel, under the "Yield Curve Update" tab at www.ONN.tv (http://www.onn.tv), or directly through this link (http://link.brightcove.com/services/link/bcpid1697139148/ bclid1833873957/bctid1842864096). (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

Mark2Market programming is exclusively sponsored by Mirus Futures.

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