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Yes the government is buying back the 30 bond and no plans to issue
anymore. The new bench mark is the 10 year note. Also there is talk of the
current bond pit flipping with 10 year note for the extra needed space.
Robert
At 09:16 PM 5/30/00 -0500, the_omega_man@xxxxxxxxxxxx wrote:
>I read in the Kiplinger Letter today that the government may discontinue
>30-year bonds completely... Seems the need to issue them is expected to
>dissipate as government debt is reduced. Any bond traders hearing news
>along these lines?
>
>
>OM
>
>
>
>At Tue, 30 May 2000 12:49:09 -0700, "Jim & Bullseye"
><cayenne@xxxxxxxxxxxxxxxx>
>wrote:
>
> >
> > The 30 year US Bond futures contract
> >rolled over to September from June as of
> >today. The month code for Sept. is the letter
> >U.
> >
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