US Treasury prices rise

Posted by 7Star Saturday, March 14, 2009

US Treasury debt prices climbed on Thursday, as robust demand for $11 billion of 30-year bonds soothed initial concerns about investors ability to absorb this weeks massive supply. The post-auction rally encountered resistance by another positive day on Wall Street. US stocks were poised for a three-day streak of gains on the perception of stabilisation in the battered financial and consumer sectors.

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