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Friday, November 12, 2010

Treasurys Sink As Fed Starts QE2;

Treasurys Sink As Fed Starts QE2;
Fear On Irish Financing Eases
Nov.12-2010
--NEW YORK --Treasurys tumbled Friday when many investors cashed out of the bond market as the Federal Reserve kicked off a program to buy $600 billion in government debt within the next eight months.Treasury yields push higher TREASURIES-First Fed QE-2 buying fails to lift Treasury prices
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