21.   Raising rates this summer could prove to be a particularly sensitive decision given the importance of the economy in the presidential campaign.

22.   Raising rates could cause a further decline in the price of Treasury securites over the near-term and thereby lift yields even higher.

23.   Riley predicted the Fed is finished raising rates, and said economic weakness in the months ahead will result in a rate cut.

24.   Signs inflation is under wraps may have persuaded the committee to hold off on raising rates.

25.   Still many observers say the U.S. economy is growing slowly enough to let the Fed forego raising rates.

26.   Still, yields of short-maturity Treasury notes fell less than bonds, suggesting not all investors are persuaded the Fed will refrain from raising rates.

27.   Stocks initially rose after reports of small gains in U.S. consumer prices revived confidence that the U.S. Federal Reserve will hold off raising rates for now.

28.   Still, many observers say the U.S. economy is growing slowly enough to let the Fed forego raising rates.

29.   Still, market experts said short-term yields would be even lower and the curve would be steeper if traders were sure the Fed was finished raising rates.

30.   That could hurt shares by making fixed-income investments more attractive and raising corporate borrowing rates, traders said.