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To: fut_trade who wrote (81944)	1/2/2000 11:01:00 PM
From: NickSE	Read Replies (1) \| Respond to of 86076

Peter, The weakness in the futures probably has something to do with the fresh new low on the March T-bond, P&F break of 90'16/32". IMHO, combine the threat of higher rates with profit taking due to the new year and you could have the case for a decent setback in the indices...bwdik GNight, Nick ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Treasury bond futures fall as trade begins in Y2K biz.yahoo.com CHICAGO, Jan 2 (Reuters) - Chicago futures markets kicked off Year 2000 electronic trading without any reported glitches as March U.S. Treasury bond futures eroded to a fresh contract low in relatively active dealings, traders said on Sunday. [...] March T-bonds sank 22/32 to 90-08/32 within an hour of the open after eclipsing the former contract low of 90-22/32 just minutes after the CBOT Project A session began. ``There was pretty good selling right off the bat,' one trader said, adding that March T-bonds hit an air pocket under 90-16/32 but bounced back up a bit initially.