Resolution Funding Corporation bonds, whose liabilities are guaranteed by Treasury, and US Treasury bonds increases when consumer confidence drops, money market mutual funds and Treasury buy backs increase.
European investors predicted that short-term rates would continue to decline into 1994 and bring with them shrinking long-term rates, which would enhance their leverage on current bond holdings.
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Resolution Funding Corporation bonds, whose liabilities are guaranteed by Treasury, and US Treasury bonds increases when consumer confidence drops, money market mutual funds and Treasury buy backs increase.
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