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Treasurys edge higher amid Fannie, Freddie worries Fame it!
Posted on Aug 28 2008 6:11 AM by adeal
Filed Under: Economic data ,

Treasury bonds rebounded Wednesday to finish slightly higher amid uncertainty over whether troubled mortgage financiers Fannie Mae and Freddie Mac would need a government bailout. Investors grew concerned about the potential for further financial losses and the need for federal help for the government-sponsored companies when trading in Fannie's stock was halted because of pending news.



Full story: chron.com
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