21. Traders cited reluctance to place big bets with a spate of economic reports out in the U.S. this week. 22. Traders also cited a lack of export demand and light selling by farmers. 23. Traders also cited news reports that oil workers may strike in Nigeria, possibly reducing production. 24. Traders cited interest from commercial banks in paying fixed rates. 25. Traders cited speculation that July department store sales figures out today will be weak, and that the government today will revise June production figures downward. 26. Traders cited Winston Salem, North Carolina-based Wachovia Corp. as one possible buyer. 27. Traders also cited concern about recent Iranian military maneuvers in the Persian Gulf. 28. Traders cited banks opting to pay fixed rates in three- to five-year maturities, given concern interest rates may be heading higher. 29. Traders cited interest in receiving fixed rates in two-year maturities. 30. Traders cited several factors behind the sharp gain. |