Bonds News
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Treasury 10-year note yields traded below 2 percent for a fourth day as European officials prepared to issue a statement on progress toward a Greek aid package amid efforts to contain the region’s debt crisis.
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A few members of the Federal Open Market Committee meeting said the central bank may soon have to consider more asset purchases, while others said the economic outlook would have to deteriorate first.
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The Federal Reserve said it will increase oversight of reform efforts in the market for borrowing and lending securities and consider policy options after an industry group failed to meet goals for reducing risk.
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Investors who made some of the biggest profits from the 2007 bust in U.S. mortgages are once again in agreement. This time, they’re going long.