Likewise, if borrowers prefer to sell short-maturity issues at the time lenders prefer to invest in longs, as is the case when interest rates are expected to fall, longer maturity issues will tend to yield less than shorter maturity issues.
Nevertheless, the hoary capitalist principle of innovation and competition leading to consolidation and monopoly still operated.
Upon their heads were strapped vast helmet-like torches of glittering metal, from which the fragrance of obscure balsams spread in fumous spirals.
He drove directly to the office, and didn't stop off at the petrol station.
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