Obama Wins Low Yields as Markets Shrink, Aiding DeficitQuicklink submitted by Margaret Bassett Permalink
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|Bond investors seeking top-rated securities face fewer alternatives to Treasuries
Less competition for bondholders' funds may make it easier for Obama to finance future stimulus needed to boost the economy after the Federal Reserve said Aug. 10 that the pace of the "recovery is likely to be more modest in the near term than had been anticipated.
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