Thomson Financial News - An expected rate cut by the Fed may lead investors to sell bonds to some extent but such a move is likely to be within the range of adjustments (needed) from the recent rapid increase in bond prices, because another rate cut from the Fed would not solve the fundamental problem of the credit crisis and the market would not be convinced that the Fed would stop lowering rates. But if the Fed provides additional measures besides a rate reduction, it will be a positive surprise and the market may react significantly.