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To: Johnny Canuck who wrote (34967)	10/31/2001 11:42:18 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70510

10:09 ET 30-Year Bond Is Gone : The Treasury has suspended future 30-year bond issuance; Treasury had been curtailing 30-year issuance in recent years due to the government's shrinking borrowing needs. This move came at a surprising time given that the surplus is now shrinking. The 30-year bond is skyrocketing on this news and is now up over 2 pts with a yield of just 5.07%. This rally is limited to the 30-year; the 10-year is actually trading lower as it has more of a supply burden. These yield curve shifts will not have any economic impact.