hog Bond yields rose to dearly two-week highs, and the yen rallied for a second straight day on expectations Japanese investors go forth repatriate foreign assets as the fiscal class ends. "Theres a crisis of confidence out there in the real near term," state Larry Rice, chief investment officer at Fahnestock &type A; Co. "Economic recovery is spotty at best. ... Valuations are unflurried high." Investors are on edge after(prenominal) a serial publication of write up scandals, starting with collapsed faculty trader Enron Corp. <ENRNQ.PK> to, most recently, interrupt telecom firm planetary Crossing <GBLXQ.PK>.
Nortel slumped more than 6 percent, although the Canadian firm said stock deals leading to the executives firing were not part of a wider scandal. Lingering nervousness virtually other potential accounting blowups, uncertainty about the economy, fears of a possible attack on the United States and lackluster trade conditions kept the market downstairs pressure. "I sti...If you want to yield a full essay, state it on our website:
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