31. Given the benign outlook so far, few expect inflation concern to creep into the market in coming days. 32. German stocks led the gains after economic reports indicated economic growth may accelerate, while slowing money supply growth eased inflation concern. 33. Government reports showing smaller-than-expected increases in weekly jobless claims and housing starts left inflation concern intact. 34. However, the bond reversed course and fell after the University of Michigan report rekindled inflation concerns. 35. However, the bond reversed course and fell as much as half a point after the University of Michigan report rekindled inflation concerns. 36. However, the largest increase in average hourly wages since last July will likely keep inflation concerns alive in financial markets. 37. In NEW YORK, stocks fell as inflation concern sent bond yields higher, prompting investors to sell stocks of companies that borrow to expand. 38. In New York on Friday, Treasuries posted their worst loss in seven weeks after stronger-than-expected July durable goods orders heightened inflation concerns. 39. Inflation concerns are decreasing. 40. Inflation concern may lead some analysts to buy bonds instead of stocks, said George Vasic, strategist at Bunting Warburg Inc., in a commentary. |