11. And rising rates might help to account for a phenomenon that manufacturers are just beginning to report. 12. And underwriters of large corporate deals often sell Treasuries ahead of their sales as a hedge against rising rates. 13. And the rising rates probably did not help brokerage stocks. 14. And to keep guests coming back, at steadily rising rates, hotel companies have been pouring millions into renovations and amenities. 15. Argentine equities are sensitive to rising rates because they can prompt investors to cash in emerging market stocks to switch into bonds. 16. As bond investors have sadly learned this year, rising rates mean declining bond prices. 17. As for income, rising rates will help swappers maintain their yields. 18. At some point, Riley predicted, rising rates could put an end to the stock market rally. 19. At the same, rising rates make bonds a relatively more attractive investment than stocks. 20. Banks, among the companies most sensitive to rising rates, fell, led by Citicorp. |