1.   THE market bounced back following publication of the Treasury report which painted a more optimistic picture of the state of the economy.

2.   Analysts said it would be hard for the markets to bounce back if the Federal Reserve did not trim short-term interest rates.

3.   And, they ruefully point out, that would have been a good idea because the market bounced back.

4.   But as the market bounced back, the IPOs returned, Taulli said, and by this time investors had a pent-up demand for Internet stocks.

5.   But the market bounced back Friday afternoon, with intermediate maturities especially strong.

6.   But traders said the market bounced off some technical support levels that made afternoon buyers out of morning sellers.

7.   By Thursday, the equity markets were bouncing back, partly because Alan Greenspan, chairman of the Federal Reserve, said he expected economic growth to moderate.

8.   Clough was not surprised to see the market bounce back.

9.   Despite the strong demand Thursday, analysts expect the Treasury market to bounce around considerably until next Friday, when the government issues its employment report for May.

10.   European markets bounced back, though, after U.S. markets recouped early losses.