Treasuries Climb after Capitol Hill Anthrax Scare

Flight-to-quality buying was prompted by news that Senate Majority Leader Daschle's office had received mail tainted with Anthrax

Treasuries got off to solid start Monday after last week's corrective activity, helped first by stock weakness and then subsequently by President Bush's impromptu announcement that Senate Majority Leader Daschle's office had received an Anthrax-laced letter and was quarantined. The news compounded the return of the flight bid and curve steepeness, set back in motion with Friday's NBC and New York Times scares.

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