61.   Below that rate, the assumption held, labor markets would become so tight that wages would surge, sending prices upward.

62.   Blanchard and Justin Wolfers of Harvard University, co-authors of several studies of European labor markets, point to two especially pernicious institutions.

63.   Bonds also rose after a government report on first-time jobless claims bolstered expectations for a weak labor market.

64.   Bonds were higher early in the session, when official reports on home sales and the labor market confirmed expectations for slow growth.

65.   Bonds and stocks slumped on this latest sign that strong labor markets and strong consumer confidence are helping to offset the effects of higher mortgage rates, analysts said.

66.   Bond investors are concerned about the strength of the labor market, fearing that it will ignite inflation, which erodes the value of bonds.

67.   Bond investors were swept up in a wild scramble to sell off holdings Friday after the government reported a much stronger labor market than investors had imagined.

68.   Bonds slumped, dragging the dollar lower against major currencies, as signs of a brisk labor job market dampened optimism the Federal Reserve will cut interest rates.

69.   Bonds slumped on this latest sign that strong labor markets and strong consumer confidence are helping to offset the effects of higher mortgage rates, analysts said.

70.   Bond prices slumped after Greenspan said inflation may accelerate because the tight labor market could send wages higher.