71. Benedict acknowleged that some residential rates could rise, though he said he did not think it likely. 72. Because short interest rates have risen faster than long rates, Treasury securities that mature in one to five years offer generous returns and bedrock safety. 73. Before the attack, the market was softening and the vacancy rate was rising. 74. Bills, considered an equivalent to cash, often are the best investment when rates are rising rapidly. 75. Bill rates rose a few basis points. 76. Bond yields rose after the report on concern that rates would rise. 77. Bonds also got a boost from a government report showing the jobless rate rose in June. 78. Bond fund investors have not exactly run for cover, but they have grown much more nervous as rates have risen and prices fallen. 79. Bonds are likely to hold steady next week as traders and investors focus on a meeting of central bankers for indications the bank will let rates rise. 80. Bonds fell after the German central bank raised key lending rates, only a day after Fed Chairman Alan Greenspan sparked concern U.S. rates may soon rise. |