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Subprime market changes boost up US Treasury bond prices

Shared by Sara on Tue Jul 17, 2007 12:25 am

Recent changes in the subprime mortgage industry have boosted the US Treasury bond prices. The 10 year Treasury note has gone up by $4.38 per $1,000 in the face value or 7/16 point from its level till 5p.m on Friday.

Source: http://www.forbes.com/feeds/ap/2007/07/16/ap3919043.html
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