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Treasuries Rise as Homebuilder Confidence Falls to Record Low

Story date: 2007-10-16 01:27:00
Added on: 2007-10-16 17:00:17


Bloomberg - Sentiment among U.S. homebuilders dropped in October to the lowest since records began in 1985 as higher mortgage rates discouraged buyers. ``There's a flight to quality,'' said George Goncalves, Treasury and federal agency debt ...


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