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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST
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To: HG who wrote (42590)2/25/1999 4:12:00 PM
From: Randy Ellingson  Read Replies (3) of 164684
 
* OT *

Is there someone here who knows what this snippet from a general news story (a day or two old now) means?

===
Bonds weakened after the Treasury sold a total of $15 billion in new,
two-year notes at 5.009 percent, a six-month high.
===

To whom did the Treasury sell these bonds and why (if there is indeed a budget surplus currently)?

I'm looking for a little message-board fundamental economics lesson (if that is possible).

TIA, Randy
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