Here are some excerpts from an article titled "It's Boom Time for Bond Options as Interest-Rate Hedges Bloom," published in the November 8, 1990, issue of the Wall Street Journal:

a. "The threat of a large interest-rate swing in either direction is driving people to options to hedge their portfolios of long- term Treasury bonds and medium-term Treasury notes," said Steven Northern, who manages fixed-income mutual funds for Massachusetts Financial Services Company in Boston. Why would a large.AppendixLO1