1. Also boosting the dollar was a perception Federal Reserve policymakers will leave overnight bank borrowing rates unchanged in a meeting today. 2. Banks are bursting with desire to make loans because profits from other activities are getting squeezed, which is pushing borrowing rates down. 3. Companies use Treasuries to set borrowing rates, so higher yields raise financing costs. 4. Companies, which set borrowing rates off Treasury yields, refrained from tapping the bond market. 5. Companies which took a breather from selling bonds in the past few days as borrowing rates rose are returning to the market now that rates are declining again. 6. Companies took advantage of the drop in benchmark borrowing rates to sell corporate debt in private sales. 7. Debt sales by other firms have slowed in recent weeks as borrowing rates rose more than a percentage point from their lows reached earlier in the year. 8. Disney decided to bypass loans and public bonds and take advantage of relatively low commercial paper borrowing rates, said Bollenbach. 9. Financial shares were mixed after the Federal Reserve left bank borrowing rates unchanged, suggesting the economy and inflation will slow. 10. Government yields are used to set borrowing rates on corporate debt. |