31. A strong showing by the stock market can hurt bonds by prompting investors to shift their funds into equities in search of better returns. 32. A stronger dollar, or weaker yen, can hurt Japanese bonds by reducing the returns of investors who convert their bond proceeds into the stronger currency. 33. A weaker dollar hurt bonds. 34. A weaker U.S. dollar against the German mark also hurt bonds, traders said. 35. A weaker yen hurts bonds by decreasing the return to foreign investors when they convert bond income to other currencies. 36. A weakening yen hurts bonds by decreasing the value of yen-denominated debt to investors who convert bond income into dollars. 37. A weaker yen hurts bonds by eroding the return to foreign investors when they convert bond income to other currencies. 38. A weaker dollar in both Canada and the U.S. also hurt bonds, traders said. 39. Canadian economic growth due next week also could hurt bonds. 40. Concern that the economy is growing fast enough to keep the Federal Reserve from lowering interest rates soon hurt bonds most of the day. |