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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (27536)7/14/1999 12:06:00 PM
From: IQBAL LATIF  Read Replies (4) | Respond to of 50167
 
An initial rally in the bond market fizzled on the release of the June PPI, the euphoria faded as the players got concerned with the 0.5 percent rises in the PPI report's crude and intermediate prices, which were due to recent gains in commodity prices.

The 30-year Treasury fell 3/32, to yield 5.918 percent.

P>S. I would not be too much concerned with this as CRB index still sits at near all time lows.