Expecting More Easy Policy, Investors Flock To T-Bonds
Prices of U.S. Treasuries surged on Wednesday after President Barack Obama won re-election, lifting views that monetary policy could stay loose for years amid moderate economic growth. A rout in the stock market and continuing worries in Europe also boosted support for safe-haven U.S. debt, with Greek lawmakers nearing a vote on yet another deeply unpopular package of austerity measures despite massive protests. Treasuries began rallying late on
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