1. Demand for mortgage passthroughs, which represent pools of home loans, recently has increased, traders said. 2. In the secondary Market, traders said prices of Junk bonds and spreads on investment-grade debt were unchanged in extremely slow trading. 3. Smelting Co. rose on hope a rise in global gold prices will boost profit growth, traders said. 4. The central bank is expected to cut its discount rate this quarter, traders said. 5. Traders said domestic institutions are selling stock in order to raise money to pad their bottom lines and help offset bad loans. 6. Traders said intensifying worries about falling prices and excess supply have sent investors scurrying from the semiconductor sector. 7. Traders said they expect the central bank to lower the key rates when it next lowers the two-week rates. 8. A trader said gold sold briskly on the local market. 9. Traders said it was too early to price the first contracts. 10. Angry traders say more police are needed in a village hit by two armed robberies in the space of a week. |