January 23, 2013 at 18:30 PM EST
T-Bond Yields Dip Despite Temporary Debt-Ceiling Fix
U.S. Treasury prices edged up Wednesday after a vote by the House of Representatives to extend the borrowing authority under the federal debt limit to May. The Republican debt ceiling plan will allow the government to keep borrowing through mid-May, putting it on a fast track to enactment after the top Senate Democrat joined the White House in endorsing it. Market concern about the failure to raise the debt ceiling had been ebbing in the past week
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