21.   Traders look to government bond auctions to gauge investor demand for fixed-income securities.

22.   Traders also are looking to an auction tomorrow of government bonds to gauge investor demand, particularly among life insurance companies.

23.   Currency traders track the securities markets to gauge demand for the dollars needed to buy American stocks and bonds.

24.   Currency dealers closely track the American securities markets to gauge demand for dollars.

25.   For much of the year, the dollar has followed bonds lower, with traders tracking the American securities markets to gauge demand for the U.S. currency.

26.   That bearishness has hurt stocks and weakened the dollar, since currency dealers track the American securities markets to gauge demand for the U.S. currency.