RJR Nabisco Inc.'s 13 1/2% junk bonds sank 2 5/8 points yesterday immediately following a Supreme Court ruling on cigarette makers' liability, one analyst said.

But the cigarette maker's 13 1/2% subordinated debentures due 2001 rallied to finish down about a point at day's end, according to Jake Foley, a senior analyst in Paine Webber Inc.'s high-yield research group.

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