11. Bond prices have fallen during the second quarter, raising interest rates and slowing new debt and equity issues. 12. Bonds also rebounded as stronger-than-expected demand for new Treasury debt instilled confidence that yields may have peaked. 13. A deluge of new Treasury debt this week may also drag bonds lower, traders said. 14. A deluge of new Treasury debt this week may also drag bonds lower. 15. A balanced budget would reduce the amount of new debt the Treasury sells to raise money every month. 16. A dearth of new tax-exempt debt sales in July and August offset concern that Congress planned to rework the tax code, diminishing the value of munis. 17. A higher credit rating means UAL will pay a lower interest rate when it issues new debt, as investors perceive reduced risk. 18. A glut of new corporate debt also weighed on the market. 19. Also, countries that have plans to reduce the value of their currency are ill advised to take on new debt before the devaluation. 20. Brazil could accept Brady bonds as payment for the new debt, he said. |