US Treasury prices fall

Posted by 7Star Saturday, April 4, 2009

US Treasuries prices fell sharply on Thursday as stock market gains drew investors away from safe-haven US government debt. US stocks rose for a third straight session on optimism the Group of 20 leaders meeting in London would find ways to temper the economic crisis and that new guidance on US accounting rules known as mark-to-market would cast banks capital position in a more favourable light.

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