11.   Depositors in the eurocurrency markets sought to diversify into dollar bonds, the main source of which was the New York based yankee foreign bond market.

12.   A supply of skilled labour with established expertise in bond markets is readily available to newcomers.

13.   Some are focussing on areas such as swaps and derivatives, which can give them an edge in the primary bond market.

14.   Open-market operations are more likely to be effective in reducing the money supply, therefore, when conducted in the bond market.

15.   STOCKS staged a fairly broad advance after encouraging inflation figures and other economic news sent interest rates tumbling in the bond market.

16.   Investing in many different bond markets around the world increases the investment potential because when one market is going down another may be on the way up.

17.   Almost all the action now is in the bond market as stock underwriting has come to a virtual halt.

18.   Although most have stock exchanges, not many have functioning bond markets, he said.

19.   Alongside the human tragedy, the needs of the bond market and its regulators did not loom large in his priorities, Lutnick acknowledged.

20.   Also helping stocks regain some ground was a steadying bond market.