21. Higher overnight rates could lead to banks increasing the rates at which they lend to companies. 22. However, the bank has continued to keep the key overnight rate below the discount rate via its daily market operations. 23. In a sign of that bet, Treasury bills and notes with as much as five years to maturity yield less than the overnight rate. 24. Investors are still waiting for indications as to when the central bank will lower its overnight borrowing rate again since this is expected to boost stocks, traders said. 25. Investors and analysts said that heading into the early May Japanese holiday season known as Golden Week, strong cash demand may send overnight rates higher again. 26. It has guided the overnight rate, what banks charge each other for the same loans, even lower. 27. It has guided the overnight rates, what banks charge each other for the same loans, even lower. 28. It was the fourth cut in two months and brought the overnight rate to a five-month low. 29. Japanese bonds rose for the first time in four days after the Bank of Japan signalled its intention to keep overnight rates from rising. 30. Judging by trading in financial futures markets, the Fed may not raise the overnight rate by September, either. |