“Treasury yields were close to the lowest level in six weeks on speculation government efforts to curtail spending will hurt the economy, boosting demand for the perceived safety of fixed-income assets.
Morgan Stanley and Goldman Sachs Group Inc. are dropping bets against U.S. government securities after gross-domestic- product growth unexpectedly slowed last quarter. The U.S. is scheduled to announce today the amount of three-, 10- and 30- year debt it will auction next week.”
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