Treasuries Finish Higher

A report of slower manufacturing growth dampened hopes for an economic recovery and boosted speculation that the Fed would leave interest rates unchanged

Deja vu, all over again. Stocks rolled over after another batch of poor data in July and Treasuries took full advantage of the situation, with the curve steepening once again to 9-year wides. Initial jobless claims jumped back up 20,000 to 387,000, giving a damp unemployment preview for Friday morning.

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