Bloomberg News

Treasuries Rise as Obama Endores Plan to Cut Budget Deficit

July 19, 2011

July 19 (Bloomberg) -- Treasuries extended gains after President Barack Obama endorsed a deficit-cutting proposal by a bipartisan group of senators as “broadly consistent” with the approach being worked on by his administration.

To contact the editor responsible for this story: Dave Liedtka at dliedtka@bloomberg.net


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