21. In part that reflects investor expectations that the U.S. would bail out Mexico, its southern neighbor. 22. Interest-rate sensitive, shorter-dated bonds fared even better reflecting reduced expectations of higher interest rates. 23. Investors said rising stock prices reflect expectations for better-than-expected corporate profits, while inflation remains in check. 24. Lumber prices reflected those expectations today. 25. Meanwhile, falling gasoline prices contributed to the drop in oil stocks, reflecting expectations of slackening demand for U.S. crude. 26. Most of that decline reflects expectations that OPEC would agree on an increase of roughly this magnitude. 27. Mullaney said the current larger difference reflects expectations for a Fed rate increase. 28. Now with stocks at records, some investors said that stocks fully reflect robust expectations for profit growth. 29. Prices in the futures market were also reflecting expectations of a rate cut. 30. Rates on three-month Eurodollars, or overseas bank deposits, reflect expectations that short-term rates are headed higher during the course of the year. |