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Politics : Idea Of The Day
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To: Jerry Olson who wrote (27706)7/21/1999 1:10:00 PM
From: kha vu  Read Replies (1) of 50167
 
<<<Bonds are modestly lower in early U.S. trading. S&P MMS
says the market is weaker as the dollar continues to weaken
and S&P futures hold near unchanged along with the
Washington Post article suggesting the Fed was split on the
neutral bias. One dealer has sold 5,000 bond contracts so
far this morning and sources note that from a very short
term perspective, the market is vulnerable to liquidation
by weak longs. However, traders are looking for activity to
settle down fairly quickly. >>>
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