31. Corporate bonds are performing well because the economy, the cornerstone of corporate earning power, is maintaining moderate growth. 32. Companies continue to shed businesses and workers in an attempt to remain competitive in the moderate growth environment. 33. Continued moderate growth for the economy does not necessarily improve the prospects for earnings, either. 34. DANISH bonds rose, buoyed by steady German bunds, amid expectations of moderate growth in Europe offset concern about higher interest rates in the U.S. 35. Driving U.S. stocks were tame inflation, lower interest rates and moderate economic growth. 36. Despite the only moderate economic growth last year, American companies still managed to boost their profits. 37. Economists are confident that Asian countries will return to moderate growth. 38. Even if the housing market slows, many economists still think the economy will sustain its moderate growth and low inflation through the next year. 39. Even in non-lira terms, commodity prices have generally fallen or seen only moderate growth in the past few months. 40. European bonds rose, led by German bunds, amid persistent optimism that moderate economic growth and subdued inflation will lead to lower interest rates. |
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