Word: logically
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Dates: during 2000-2009
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...kept low this year by Federal Reserve purchases, investor demand and other factors - is up. If you own a 10-year Treasury bond yielding 3.5%, interest rates rising to 4% or 5% or higher mean your bond (with its rate stuck at 3.5%) falls in value. That's the logic of bonds: when interest rates rise, bond prices fall. Since 1981, when the 10-year Treasury rate topped 15% amid fears of runaway inflation, the interest-rate trend has been downward, bringing on a long bull market in bonds. One of these days, the trend will shift...
...advances, Australian women still only occupy 13% of military positions. And today, they are lawfully excluded from roles in seven divisions of the army, these including navy clearance diver, the Special Air Services (SAS) and various positions on the ground that involve direct combat. Before last month, the ruling logic was that women were not physically strong enough to do these jobs. When the new standards come into place, women with a high fitness level will hopefully be enticed by the range of opportunities available to them...
During the real estate boom, new home construction became a game of ever increasing square-footage. That had a certain logic to it: If you saw your house as an investment to make you rich, bigger could only mean better, right...
...This makes little sense. Since the credit first passed last year, the logic of our financial rescue has evolved. The panic phase - the time when so many felt government had to act boldly and at any cost - has passed. Slowly, the free market is easing back in. Consider the federal guarantee on money-market mutual funds, which was slapped together a year ago to prevent a run on a key part of our financial system. That backstop expired on Sept. 18. It wasn't renewed. (See pictures of the global financial crisis...
Paying your dues pays off. The Obama administration apparently realizes the wisdom of this logic and appreciates smart foreign policy, as evidenced by their recent choice to reengage with the U.N. by paying U.N. member dues, unlike the previous administration, which neglected its fiduciary responsibilities to the body. This reconciliatory approach, coupled with the removal of aggressively situated missile defense shields in Eastern Europe, has paid out enormous political dividends in the form of cooperation from other nations on the problem of nuclear weapons in Iran. Specifically, Russian President Dmitri A. Medvedev has expressed a new level of receptiveness...