1. Another factor affecting the market is a looming supply.
2. Bond yields could also run into some resistance because of looming new supply in the next week or so.
3. In the bond market, prices of the longer government maturities sank because of inflation fears and a looming supply of new Treasury securities to be auctioned next week.
4. Treasury prices slipped Monday as bond investors looked cautiously ahead to testimony this week from the Federal Reserve chairman as well as to looming supply.
5. Corn and wheat futures prices fell sharply a second day Wednesday on the Chicago Board of Trade in reaction to government inventory figures that indicated a looming supply glut.
6. The fall came after months of weakening prices at the Chicago Board of Trade as traders eyed reports of looming record supplies and weak demand.