31.   But the blow, soft as it was, will be felt all through the economy by lifting borrowing rates.

32.   But the banks have not passed on the lower borrowing rates to their customers.

33.   Changes in interest rates roil the market because they affect borrowing rates, consumer spending and corporate growth.

34.   Companies and municipalities are rushing to take advantage of borrowing rates near two-decade lows by selling new debt and refinancing older securities at lower interest rates.

35.   Companies are moving to take advantage of the relatively low borrowing rates, which many traders say might be short-lived.

36.   Companies may be attempting to lock in borrowing rates in case Treasury yields head higher.

37.   Companies may postpone planned bond and stock sales amid concern the Fed will continue to push borrowing rates higher, investment bankers said.

38.   Companies are able to get lower borrowing rates than on conventional bonds.

39.   Companies are eager to exploit relatively low borrowing rates and robust investor demand for securities that pay higher yields than Treasuries.

40.   Companies are eager to sell debt to lock in the lowest borrowing rates in eight months.