1. Bonds gained today after a report showed producer prices rose less than expected last month, damping concern that interest rates will need to go up to quell inflation. 2. Bonds fell initially on concern the Federal Reserve may soon raise interest rates to curb economic growth and quell inflation, analysts said. 3. A government report showing surprisingly strong durable goods orders in January heightened concern that the Federal Reserve will raise interest rates to quell inflation. 4. DANISH bonds fell amid concern U.S. interest rates will be raised to curb growth and quell inflation, making rate cuts elsewhere more difficult. 5. For the first time since late April, investors voiced concern that the Federal Reserve may step in to quell inflation by raising interest rates. 6. For the moment, though, the yield curve suggests bond investors are betting the Fed will move swiftly to prevent the economy from overheating and quell inflation. 7. Interest rates rose as investors anticipated the Federal Reserve would lift its overnight lending rate last week to quell inflation. 8. Still, those same bonds are seen gaining again amid optimism the pace of economic growth has slowed enough to quell inflation, allowing interest rates to fall. 9. Tax-exempt bonds tracked benchmark Treasuries lower after an employment report failed to bolster expectations the economy is slowing enough to quell inflation. 10. That raised concerns that the Federal Reserve will raise bank lending rates to quell inflation. |