11.   What are the main disadvantages of the yield to maturity as a measure of the return from holding a bond?

12.   All this just adds to the potential exposure that could be passed to investors if they hold insured bonds.

13.   As long as investors hold the bonds, they may defer paying taxes on their earnings, which are reinvested and added to the principal.

14.   As long as investors hold their bonds, they may defer paying taxes on their earnings, which are automatically reinvested and added to the principal.

15.   As the subordinate looked over the material, she learned the stocks and bonds were held in irrevocable trusts.

16.   Bonds also were held in check in anticipation of what Federal Reserve Chairman Alan Greenspan will say in a speech tonight.

17.   Afterward, Credit Lyonnais discovered that it could not legally hold the bonds under U.S. law, so it sought a buyer.

18.   All hold bonds in their portfolios.

19.   But investors who hold their bonds until maturity will probably get paid in full, Goldstein said.

20.   But there are more reasons than an income stream for holding bonds, and one of them is that over the long term they are safer than stocks.