31. Inflation also drives bonds lower because it eats into principal and interest payments. 32. Investors heeded his warnings about earnings growth, and drove stocks lower Tuesday. 33. Increased demand for Treasuries could in turn drive yields lower, boosting the incentive for homeowners to refinance. 34. Investors are hesitant to sell bonds when yields are rising, driving prices lower, he said. 35. It is their presence on the spot market since the resumption of those shipments which is driving prices lower, traders said, particularly in palladium. 36. Japanese bonds could fall if the report drives prices lower on U.S. Treasuries, which set the pace for debt markets worldwide. 37. Large sell orders in bond futures drove bonds lower as investors sought protection from a possible further decline, said traders. 38. Lingering concern that fading inventor demand will drive prices lower could persuade gold producers to sell their gold output at current levels. 39. Many investors are betting that the government will produce a seven-year plan to balance its budget, curbing supply of Treasuries and driving yields lower. 40. Lower slaughter rates at IBP would reduce demand for hogs, possibly driving prices lower and boosting their margins. |