Treasury Two-Year Yield Near Two-Month High on Fed Rate Outlook

Story date: 2007-10-15 04:53:00
Added on: 2007-10-15 09:12:41

Bloomberg - ... year Treasury held at its highest in eight weeks as traders pared bets the Federal Reserve will cut interest rates a second ... paper market is part of an effort to revive lending following a surge in borrowing costs tied to defaulted subprime mortgages ...


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