Bond Prices Decline Again Amid Hopes For Fiscal Deal
Treasury debt prices fell for a second day Tuesday in thin volume as investors gained faith lawmakers will reach a deal to avert the "fiscal cliff" of spending cuts and tax hikes due to take effect in early 2013. Data on homes construction also pointed to improvement in the troubled housing sector, further undermining the safe-haven appeal of U.S. government debt, while investors did some selling to make room for $13 billion of 10-year Treasury
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