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IPFS News Link • Federal Reserve

Treasuries Fall After Fed’s Purchase of Debt as Supply Looms

5-21-09 • Bloomberg.com

The U.S. will issue a record $3.25 trillion of debt in the fiscal year ending Sept. 30 to pay for a growing budget deficit, according to Goldman Sachs Group Inc., one of the 16 primary dealers that are obligated to participate in Treasury auctions.

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Reported By Jack Gregson

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Treasuries Fall After Fed’s Purchase of Debt as Supply Looms

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