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英语听力练****大全：英语听力mp3下载
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英语听力练****大全：英语听力mp3下载
Lesson TwentyTwo
Section One: News in Brief
Tapescript
1. The Treasury Department announced today that it is lowering the
guaranteed interest rate on some . savings bonds. NPR's Barbara
I
Mantell reports that the I point decline to 6% came as no surprise
2
to investors. 'The Treasury said it is lowering the rate. on savings
bonds to bring it in line with other market interest rates which have
been falling all year. For instance, money market mutual funds are
now yielding just over 5%; fiveyear treasury notes are trading at
about %. So the government has been paying a premium "Jo peo
ple buying savings bonds, and it's turned out to be an expensive way
to finance the public debt. The relatively generous % rate on the
bonds have made them very popular in the past few months. Since
the beginning of August, sales have been about double the usual
pace. And this week, the rush to buy savings bonds intensified be
cause of reports that the Treasury was going to cut the rate any day,
and people wanted to lock in the old rate. Savings bonds bought be
fore tomorrow, the day the cut goes into effect, will still yield %.
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I'm Barbara Mantell in New York."
2. After a meeting today of southern Africa's front line states,
Zamb