51.   Interest-sensitive issues, such as banks, utilities, pipelines and telecommunications, typically rise in a climate of relatively low interest rates and subdued inflation.

52.   Investors must reassess strategies as the forces that drove the markets the last three years -- falling interest rates and subdued inflation -- dissipate.

53.   Investors are also flocking to junk bonds because of the copacetic economic outlook for steady growth, subdued inflation and low interest rates.

54.   It indicated that labor costs remained restrained, another good sign of subdued inflation.

55.   It would be more cautious yet, except for the fact that it predicts continued moderate economic growth with subdued inflation.

56.   Meantime, the dollar rose against the mark and other currencies after the U.S. April jobs report showed a growing economy with subdued inflation.

57.   Next week reports on U.S. jobs, wages and construction spending will give further clues whether the economy can keep expanding with subdued inflation.

58.   One sign investors are expecting slower growth and subdued inflation is the shrinking difference in yield between longer-term and short-term Treasuries, investors said.

59.   Price reports tomorrow and next week are likely to provide more evidence of subdued inflation.

60.   Recent evidence of slower economic growth in the U.K. and across Europe, coupled with subdued inflation, has underpinned optimism that British interest rates will be cut again.