BUSINESS
May 15, 1990 | From Times Wire Services
Bond prices pushed higher Monday, extending last week's big rally, amid growing speculation that the economy is expanding at a moderate pace and that inflation poses no problem. The Treasury's closely watched 30-year issue rose 5/8 point, or $6.25 per $1,000 face amount, on top of Friday's 1 3/4-point gain. Its yield, which falls when prices rise, dropped to 8.57% from 8.66% Friday.