1.   The peso has firmed, inflation has slowed and economic growth has resumed.

2.   French inflation slowed to a rate comparable with that in Germany and the United States.

3.   Analysts expect the central bank to cut rates again in the next few months as economic growth and inflation slows.

4.   April consumer price inflation slowed to its lowest annual rate since December.

5.   As that policy takes hold and inflation slows, the central bank will be able to bring rates down again.

6.   At the same time, interest rates are likely to remain high until there is clear evidence that inflation is slowing in line with forecasts.

7.   Bond prices dropped and sent yields soaring after two encouraging economic reports failed to renew optimism economic growth and inflation are slowing.

8.   Bond prices rallied late today, though, tracking movements in other markets, as investors looked for signs that inflation is slowing.

9.   A good start from U.S. Treasuries, which rose after a housing report indicated U.S. inflation is slowing, gave bunds an added push in the afternoon.

10.   But inflation has slowed and the economy is more stable.