51. In trading Thursday, securities with shorter maturities led the market lower, as traders tried to distribute the new Treasury securities sold this week. 52. Insurance companies, who are big buyers of fixed-income securities with the money they take in from premiums, dropped as bonds lagged. 53. Israeli police said Palestinian terrorists had cased a Jerusalem mall, passing through security with heavy bags of nails to test the prospects of returning someday with nail bombs. 54. It drew buyers by the sheer visibility of its name, its credit quality and the yield spread over Treasury securities with a similar maturity. 55. Judge John Sirica had placed Dad in maximum security with murderers, rapists and armed robbers. 56. Junk bonds, which are securities with credit ratings below investment grade, perform best in a strengthening economy but suffer when the economy falters. 57. Lower ratings also reduce the investor pool since many fund managers can only buy securities with a high credit rating. 58. Many banks fund bond purchases by issuing securities with maturities of three months or less. 59. Lynch said he sold mortgage and corporate bonds in recent weeks and used the proceeds to buy Treasury securities with similar durations. 60. Many traders buy the securities with money borrowed at overnight rates that track the fed funds rate. |