Jim Keller, a managing director with Pimco, a mutual fund company, says most companies will wait until the last minute to file.
"There's no benefit to signing early," he
With the lack of any significant economic news to confirm or contradict last week's downbeat reports on gross domestic product and employment, the certification process will weigh heavily on the stock market this week.
And that could drive even more investors into the Treasuries.
Yields on many Treasury securities are already at or near record lows as shell-shocked investors have poured money into government bonds.When demand for bonds goes up, their prices go up and their yields go down.
Normally, yields inch up when the Treasury unloads a boatload of bonds, but Keller
says yields will likely stay put this week, thanks to the stock market's turmoil.
At Monday's close, five-year notes were yielding 3.1 percent, and 10-year notes were yielding 4.2 percent.
"These will be the lowest yields in a generation," Keller
DISCONNECT THIS: AT&T
thinks it's doing its "loyal" customers a favor by interrupting their phone calls with a message from Ma Bell.
It makes me want to reach out and strangle someone.
Starting last week, some AT&T residential customers in California were forced to listen to a recorded message before their long-distance call was connected.