Word: bonding
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...industrial average closed at 3768.52, down 3.70 . . . N.Y.S.E.'s composite index was down 0.17 to 254.17. . . Nasdaq Stock Market composite index rose 1.05 to 743.43 . . . American Stock Exchange up 0.75 to 442.59 . . . Gold dropped 30 cents to $380.40 on the Commodity Exchange in New York . . . The 30-year Treasury bond closed with a yield of 7.21 percent, down from 7.27 last Friday...
...with the WEFA Group economic consulting firm. "That is unprecedented in the postwar period." Declares Ed Yardeni, chief economist for the C.J. Lawrence investment firm: "By launching what it calls a pre-emptive strike against inflation, all the Fed has done is perpetrate a meltdown in the stock and bond market and raise the serious risk of dramatically slowing the economy...
...oldest dorm in the country," Cernysays. "Living here makes me feel a bond betweenthose who came before us and those who will cameafter...
...addition, Micah Sifry, who identified himself as editor of Perot Periodically: the Unauthorized Quarterly, accused the billionaire of campaigning for a lower deficit in order to help the bond market and increase his personal wealth...
...When the bond rates go down," Perot responded testily, "it costs me money...