1.   Investors fear that without a budget agreement, the Federal Reserve will Decline to cut interest rates.

2.   Although stocks have recouped most of their losses, investors fear that a declining or flat market will undermine demand for stocks and hurt profits of brokers and underwriters.

3.   Although stocks have risen sharply, amateur investors may fear they will lose this investments if the market falls.

4.   And after its announcement, stock-index futures contracts dropped sharply, an indication that investors fear a pullback in the market Thursday.

5.   And stock investors fear that the Federal Reserve will try to stamp out inflation by raising interest rates, which slows the economy and can hurt corporate profits.

6.   As long as the U.S. budget battle remains unresolved, investors fear that interest rates may rise and company earnings will fall on both sides of the Rio Grande.

7.   Because the bond issue dragged on for so many months, investors feared the company might be forced to file for bankruptcy protection.

8.   Bond investors particularly fear inflation because it erodes the buying power of the fixed payments they receive.

9.   Bonds began the session down when the dollar dropped against the Japanese yen because investors feared the Japanese central bank would sell dollars to support the yen.

10.   Bond investors fear rapid economic growth because it suggests that inflation may take off, making their bonds worth less.