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TREASURIES-Bonds rally on weak bank earnings, rate cut hopes

Story date: 2007-10-18 04:57:00
Added on: 2007-10-18 08:05:32


Reuters - ... pushed the yield on the 10-year note down to about 4.495 percent, the lowest since Sept. 19, the day after the Federal Reserve cut interest rates ... The seizing up of the mortgage market has impacted the housing market," Smith said. "It is ...


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