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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (8849)	10/16/1998 4:54:00 PM
From: Joseph G.	Read Replies (1) \| Respond to of 86076

Some people want to give their money away, and even pay commissions to do that, and some people want to get their money back ... <<NEW YORK, Oct 16 (Reuters) - U.S. Treasuries finished mixed on Friday as nervousness about unsettled financial market conditions created a big appetite for short maturities. In late trade, the 30-year bond was unchanged at 108-4/32, yielding 4.97 percent. Instruments maturing in two to 10 years posted narrow to moderate losses. But short-term instruments, especially three-month bills, sizzled. Those rates fell 29 basis points to 3.56 percent. ''People want to be in bills because they know they will get their money back at maturity,'' said a trader. ''It's a haven.'' >>