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To: Sig who wrote (57490)8/11/1998 8:37:00 AM
From: Mohan Marette  Respond to of 176387
 
Safe haven.

'morning sig:
Heard this news???

Tuesday August 11, 7:53 am Eastern Time

U.S. Treasuries open higher amid safe haven bid

*U.S. Treasuries open up sharply amid safe haven buying. *Overseas equity mkt losses, dlr/yen strength lift prices. *Dlr/yen breaks 8-yr high overnight. At 147.32 in early trade. *Idonesia denies default talk, says rescheduling debt payments. *5-yr sale on Tues kicks off $37 billion quarterly refunding.