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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: accountclosed who wrote (19131)2/11/1999 3:56:00 PM
From: Terry Whitman  Read Replies (3) of 86076
 
Here's yo translation, in Jive:

<<To, dig dis: Raz'tus Pitera (19046 )
From, dig dis: Antoine Roquentin
Dursday, Feb 11 1999
Reply # uh 19133

translashun, please...it wuz grim, it wuz disappointin', it wuz betta' dan 'espected...it's ok but it ain't vibrant. Man!.. i'm digtin' dizzy eyeballin' dis garbage.

US 30-yr sale Coo', but overall refundin' said grim
By Steven Scheer

NEW YORK, Feb 11 (Reuters) - De U.S. Treasury's quarterly refundin' mercifully came t'an end on Dursday, as dealers said da damn trio uh aucshuns wuz disappointin' overall despite some 30-year bond sale dat wuz some touch better-dan-'spected.

''Dis wuz de Treasury 3, dealers 0,'' said Ray Remy, haid trada' at HSBC Securities Inc. Co' got d' beat!

In de dird and final leg uh its refundin', de Treasury on Dursday sold $10 billion uh new 30-year bonds at some high yield uh 5.298 puh'cent -- above pre-aucshun 'espectashuns uh 5.305 t'5.32 puh'cent. Man!

De bond sale followed disappointin' five- and 10-year note aucshuns on Tuesday and Wednesday. Slap mah fro!

''It went Coo','' said some haid trada' at some primary dealership uh de 30-year aucshun. ''But da damn market be not vibrant here by any means.''

In post-aucshun tradin', de just-issued bond wuz tradin' at some small profit fo' dose who bought da damn new bond, as its yield edged waaay down t'5.2875 puh'cent.
Man!

It wuz de only issue uh de dree dis week t'currently be tradin' wid some yield below de aucshun level. De five-year, sold at 4.767 puh'cent, now trades at 4.825 puh'cent, and da damn rejimmey'd 10-year note stands at 4.916 puh'cent, slightly above da damn 4.913 puh'cent where it wuz awarded. >>







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