31. Higher interest rates may hurt stocks by luring investors to the bond market, and fueling concern that corporations will suffer with higher costs for borrowing. 32. In LONDON, coffee rose after producers said adverse weather conditions will reduce the amount of coffee available for export this year, fueling concern over lean supplies. 33. In the currency markets, the dollar fell against the deutsche mark as the deepening Asian economic crisis fueled concern investors will dump U.S. stocks and sell dollars. 34. Interest rate concern was fueled yesterday as rising German import prices and U.S. factory orders made a reaction from the German Bundesbank and the U.S. Federal Reserve more likely. 35. IRISH bonds slipped with Treasuries after a bigger-than-expected drop in U.S. jobless claims fueled concern the Federal Reserve may raise interest rates to stem inflation. 36. Japanese bonds fell for a third straight day after a report that business sentiment is on the rebound fueled concern about higher interest rates. 37. Last week, the U.S. currency plunged against major currencies, fueling concern that foreign investors would spurn U.S. markets. 38. Most bank stocks have fallen on hard times since March, when the Federal Reserve fueled investor concern that lending would slow down amid interest rate increases. 39. Munis fell after a report showing a surge in employment fueled concern that the Federal Reserve would raise interest rates. 40. News of the failure of Toshoku Ltd., the third largest bankruptcy in Japanese history, fueled concern that more Japanese businesses may go under. |