The reason is that the owner of 6 percent bonds has trouble selling them.
The 14.5 percent bonds due in 1998 were up more than 15 cents.
So if you're 70, you should have 60 percent bonds.
The price of Macy's 14 1/2 percent bonds due in 2001 rose by $2.50, to $67 per $100 face amount.
The retailer's 14 1/2 percent bonds due in 1998 rose $3 to $56.50.
A $77 million issue of 9.90 percent bonds due in 1999 was also offered at par.
Austria offered $100 million of 9 1/8 percent bonds yesterday.
First Boston would sell its 9 3/4 percent bonds for 44 cents on the dollar.
The annual interest payment on the 8 1/4 percent bonds is $35.88 million.
The 11.5 percent bonds are due to mature in 2009.