Fiscal Cliff, Mideast Tension Can Lift T-Bonds Just A Bit
U.S. government debt prices edged higher Thursday on worries about protracted budget talks in Washington and a showdown between Israel and the Palestinians, but safe-haven gains were limited by sentiment that the market might be overbought. With President Barack Obama winning a second term and Congress still divided between the two major political parties, investors fear they would not reach a timely deal to avert a series of automatic tax hikes
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