Others use "bubble" to suggest that prices could drift along for years to come.
Nevertheless, prices for the high-risk, high-yield bonds drifted lower during the day, market participants said.
So it makes sense to wait while prices drift downwards.
But analysts say that the pressure on consumer prices will continue in the months ahead, as commodity and other prices drift higher.
But later the dollar firmed, and prices drifted lower.
Between auctions, the over-the-counter price has steadily drifted downward as well.
The price has since drifted back to about $3,500.
The prices of Treasury securities drifted higher yesterday in light trading, with yields still at their lowest levels since early last year.
When these orders were executed, he said, business dried up and prices drifted back to opening levels.
The price drifted lower for a few days-just normal market behavior in the absence of major news.