Treasuries Rise as Merrill Losses Raise Rate-Cut Speculation

Story date: 2007-10-24 07:13:00
Added on: 2007-10-24 08:00:26

Bloomberg - Oct. 24 (Bloomberg) -- Treasuries rose for a second day as losses at Merrill Lynch & Co. increased speculation that weakness in the housing sector will prompt the Federal Reserve to lower interest rates next week. Yields on two-year notes fell to ...


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