21.   Still, even if New Zealand rates fall, they will remain higher than in other major nations, he said.

22.   Stocks began the day lower, and bonds initially fell as Greenspan said that the central bank could raise rates if the unemployment rate falls further.

23.   Stocks gained amid optimism corporate profits will grow as borrowing rates fall and the economy expands.

24.   The bonds rise as rates fall, because consumers repay their mortgages at face value.

25.   The greater the duration, the more a bond falls as rates rise and rises as rates fall.

26.   The impact of those rate falls on the economy will be felt later this year, by boosting consumption and investment, Arthuis said.

27.   The National Bank of Poland has indicated it will lower rates if the inflation rate falls.

28.   The principle in question, known by the acronym Nairu, holds that when the unemployment rate falls below a certain level, inflation accelerates.

29.   The prospect of lower rates was good news for financial service companies and banks whose profit margins widen as rates fall.

30.   The trouble with mortgage securities is that their durations shorten as rates fall and expectations for a pick-up in prepayments increase.