Treasuries Rise on Evidence Credit Losses Threatening Economy

Story date: 2007-10-18 07:13:00
Added on: 2007-10-18 08:05:32

Bloomberg - ... decline in profit at Bank of America Corp. triggered concern that the mortgage market ... stem a recession, and the only way to do that is aggressively cut interest rates ... Three-month bill yields fell 11 basis points to 3.88 percent, the lowest since Sept ...


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