71. A bond with greater duration will rally more if rates fall and post bigger price declines if rates rise. 72. A Federal Reserve report said January industrial production was unchanged, while the plant use rate fell, indicating the economy may be slowing. 73. A fall in yields reflects increased optimism that rates could fall soon. 74. Across America, crime rates have been falling in recent years. 75. After seven years, the effect of the Dole tax cuts on growth turns negative, the study said, and the GDP growth rate would fall. 76. Against this background, short-sterling interest rate futures gave back earlier gains as some traders bet recent optimism that rates could fall this year was too optimistic. 77. Borrowers may not see rates fall much further until bond traders see more evidence that the economy is sputtering. 78. British rates now have fallen by two percentage points since October. 79. Bundesbank officials have hinted rates could fall, a move that might bolster the dollar further by making deposits in Germany less attractive. 80. Bundesbank officials have hinted rates could fall, a move that could bolster the dollar further by making deposits in Germany less attractive. |