December 04, 2012 at 17:43 PM EST
Bonds Advance As Traders Anticipate More Fed Buys
Treasury prices rose Tuesday as some traders bought long-dated debt to resell to the Federal Reserve after the central bank's latest purchase for a bond program aimed at lowering interest rates and helping the economy. Slight losses in Wall Street stocks, after bigger losses on Monday, also fed moderate safe-haven demand for U.S. government debt, traders said. "You have the Fed buyback and stocks are a little weaker," said Thomas Roth, a senior
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