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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 230.27

-0.6%

3:59 PM EST

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To: craig crawford who wrote (133968)	11/1/2001 2:14:12 PM
From: H James Morris	Read Replies (1) of 164684

Another thing is likely to affect mortgage rates during the coming week and over the near term, and that is the federal government's decision to stop selling 30-year Treasury bonds. Immediately after the announcement Wednesday, traders sharply bid up the price of 30-year bonds. It was a simple matter of supply and demand: the supply of 30-year Treasury bonds will decrease, so the price increased.

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