81. Italian bonds rallied Friday amid optimism the lira will be allowed to re-enter the European exchange-rate mechanism, perhaps as early as this weekend. 82. Japanese bonds rallied as stocks pared early losses and eased concern troubled financial institutions may have to sell bonds to generate cash. 83. Japanese bonds rallied and the benchmark bond yield touched a new low as comments by the Bank of Japan governor and a government report fueled pessimism over the economy. 84. Japanese bonds rallied as the Bank of Japan reassured investors that interest rates will probably stay at record lows. 85. Japanese bonds rallied, driving the benchmark bond yield to a new low, as falling stocks added to a dim outlook for the economy. 86. Japanese bonds rallied and the benchmark bond yield touched a new low as comments by the Bank of Japan governor and a government report fueled pessimism about the economy. 87. Japanese government bonds also rallied as several discouraging economic reports dispelled concern that the Bank of Japan was ready to raise interest rates from historic lows. 88. Just yesterday, bonds rallied after a revised report on second-quarter U.S. growth indicated the economy is growing without inflation and may slow in the third quarter. 89. Many investors say bonds could rally further, driving yields lower still by year-end as the economy shows more signs of sub-par growth. 90. Many traders and investors are wondering whether bonds will rally further without more compelling evidence the economy is losing momentum. |