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To: Alex who wrote (48712)2/9/2000 3:26:00 PM
From: long-gone  Respond to of 116760
 
Wednesday February 9, 3:04 pm Eastern Time
Treasury to use entirety of yield curve - Summers
WASHINGTON, Feb 9 (Reuters) - U.S. Treasury Secretary Lawrence Summers said on Wednesday the administration would continue to use the entire spectrum of the yield curve in managing a decreasing supply of government debt.

``I expect Treasury to continue to use the entirety of the yield curve as a way of holding down our borrowing costs,' he told reporters after an appearance on Capitol Hill.

``As the debt is worked down, I expect the private sector to adapt to take advantage (cont)
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