51. Besides, the overall Canadian economy continues to be strong, with low inflation, attractive growth, and the first balanced budget in decades. 52. Bond prices received some support early in the session from comments by a Federal Reserve official and by a report pointing to modest growth with low inflation. 53. Bonds were steady amid an outlook for low inflation and the possibility of more European interest rate cuts. 54. Bondholders love low inflation because it protects the value of their investment. 55. Bonds fell yesterday along with the Canadian dollar after an unexpected interest rate cut by the Bank of Canada, which cited low inflation and rate reduction in Europe. 56. Bond investors cheer news of low inflation because it means the securities will hold more of their value. 57. Bond prices rebounded, though, amid expectations that low inflation and weak growth would prompt the Federal Reserve to cut interest rates. 58. Bonds traders prefer slow growth with low inflation because rising consumer prices eat the value of their fixed investments. 59. Bonds rose today on the prospect of continued growth with low inflation. 60. Bonds were mixed after tracking U.S. Treasuries higher earlier in the day, as EMU concerns offset expectations for low inflation and stable interest rates in Europe. |