21.   Higher short-term rates weigh on bonds by making it more expensive for investors, particularly commercial banks, to fund their bond purchases.

22.   Higher overnight rates weigh on bonds by making it more expensive to fund bond purchases by borrowing in the money market.

23.   Higher rates would also hurt the bond market by making it more expensive for investors to fund bond purchases.

24.   Higher interest rates weigh on bond prices because many investors fund their bond purchases by borrowing at shorter maturities.

25.   Higher rates at home could weigh on yen bonds because many investors fund their bond purchases by borrowing at shorter maturities.

26.   Higher rates could weigh on bonds because many institutional investors fund their bond purchases by borrowing at shorter maturities.

27.   Higher rates could weigh on bonds by making it more expensive for investors, in particular commercial banks, to fund their bond purchases.

28.   Higher interest rates make it more expensive for investors to fund bond purchases.

29.   Higher money market rates weigh on bonds because investors such as banks borrow at those rates to finance their bond purchases.

30.   Higher rates at home could weigh on yen bonds because many investors fund bond purchases by borrowing at shorter maturities.