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IPFS News Link • Economy - Economics USA

U.K. Gilts Advance After Bear Gets Emergency Bailout From Fed

03-14-2008 • Bloomberg.com

March 14 (Bloomberg) -- U.K. government bonds rose after Bear Stearns Cos. got an emergency bailout from JPMorgan Chase & Co. and the Federal Reserve, stoking concern credit-market losses are spreading.

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Reported By Ernest Hancock

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