61.   Japanese bonds traded lower as investors expressed concern rising Tokyo stocks may lure funds away from fixed-income securities.

62.   Japanese bonds will probably trade little changed, as reports this week on capital investment and growth will provide few new clues to the direction of the economy.

63.   Japanese government bonds may trade little changed as the positive impact of falling U.S. bond yields offsets concern a wave of new domestic bonds might drive down prices.

64.   Japanese government bonds traded little changed as the positive impact of falling U.S. bond yields offset concern that a wave of new domestic bonds might drive down prices.

65.   Meanwhile, government bonds traded lower as research at Smith New Court Far East.

66.   Most tax-exempt bonds trade infrequently after their initial sale, as investors look to hold on to their tax-free investments.

67.   Most muni bonds trade infrequently because the majority of investors buy the securities for their ability to shelter income from taxes rather than for capital appreciation.

68.   Most older bonds are trading at about the same prices, he said, and new ones are being issued.

69.   New offerings often serve as a benchmark for existing munis because most bonds trade infrequently after their initial sale.

70.   New bonds often serve as a benchmark for existing securities because most tax-exempt bonds trade infrequently after their initial sale.