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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (45378)12/8/2000 8:48:22 AM
From: UnBelievable  Read Replies (1) of 436258
 
Jobs Data Not Likely To Force Fed's Hand

12/08/2000
Dow Jones News Services
(Copyright © 2000 Dow Jones & Company, Inc.)

8:46 (Dow Jones) Moderate selling pressure continues in front-end Treasurys, and that's largely because the market has concluded that the report, while friendly in important spots, isn't the silver bullet the Fed needs to lower rates. Given that, participants said it's a bit hard to justify yields at their current levels, and traders are hitting issues like the two-year note as a result. (MSD)
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