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IPFS News Link • Propaganda

Treasuries Rally As Market Gives Resounding Thumbs Up To Obama's Budget

02-14-2011 • BusinessInsider.com/

Obama's budget is out, and Treasuries are rallying (yields are down). So this must mean that the market is giving a huge thumbs up to Obama's deficit-cutting plans. Okay, that doesn't make sense, but if bonds were tanking, you can be sure someone would say the opposite.. that bonds are selling off on deficit dears.

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Reported By Jack Gregson

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