Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (35175)	6/11/1999 3:09:00 PM
From: Ahda	Read Replies (3) \| Respond to of 116754

Friday June 11, 1:51 pm Eastern Time Fed declines to comment on hedge fund rumors WASHINGTON, June 11 (Reuters) - The Federal Reserve declined to comment on rumors that swept through New York financial markets on Friday about an emergency Fed meeting to deal with a troubled hedge fund. ''As a matter of policy, we don't respond to rumors,'' a Fed spokesman said in response to a question about a possible meeting dealing with a hedge fund. Prices for bellwether 30-year U.S. Treasury bonds were down sharply at midday by 23/32 of a point to yield 6.12 percent, partly because of a rumored Fed meeting about a bailout for a hedge fund, according to Wall Street traders.