11. A benign inflation outlook and robust earnings prospects have also been forces behind the rally. 12. A benign inflation report also supported bunds. 13. Central bankers, citing a benign inflation outlook, began a series of interest rate reductions one year ago. 14. Central bankers, citing a benign inflation outlook, began a series of interest rate reductions about a year ago. 15. Eglow currently favors securities maturing in three to four years and said bonds are attractive at current yields, given his outlook for benign inflation. 16. Even with the good news, the market fluctuated, leaving some traders believing that they have already seen the best of the data showing benign inflation. 17. For Chan and other analysts, however, the benign inflation outlook now masks the potential for employment costs to eventually rise at a faster rate. 18. Further evidence of benign inflation, seen in a widely followed monthly report on American manufacturing, helped reassure investors that the bull market still has stamina. 19. GERMAN government bonds fell, pushing yields to a three-week high, as declining U.S. Treasuries outweighed reports of benign inflation in Germany. 20. In NEW YORK, stocks rose to records on optimism that benign inflation will drive borrowing costs lower, helping corporate profits. |