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To: flatsville who wrote (82178)	1/4/2000 10:26:00 AM
From: clochard	Respond to of 86076

Yes, they report most of the time the amounts being added. I don't know about rolling off, has it ever happened -g- ? Tuesday January 4, 10:15 am Eastern Time U.S. debt futures higher early on short covering CHICAGO, Jan 4 (Reuters) - U.S. debt futures opened higher Tuesday and set fresh daily highs early in active dealings, with the bounce in the March U.S. Treasury bond attributed to short covering, traders said. A pair of dealers bought 1,000 of the March contracts each and another pair bought 500 contracts each on the climb between 90-06/32 and 90-08/32. March T-bonds, 10-year notes, five-year and two-year notes set contract lows overnight before rebounding. London markets that had been closed Monday for an extended New Year's holiday opened Tuesday to follow-through selling that took the T-bond to a fresh contract low. The T-bond was pressured by a lack of Y2K-related incidents and growing sentiment that the U.S. Federal Reserve will raise interest rates early this year. ''In many ways yesterday was an overkill. That market expected Y2K-related problems. They didn't get them. There was no flight to quality. It was like all the rats abandoning ship,'' said George de Marcilla, head bond trader and analyst at Alaron Trading.