Treasuries Finish Lower

Treasuries fell on concerns that President Bush's economic plan will lead to bigger budget deficits

Treasuries closed well above their lows Monday, but not in positive territory after being pounded by fresh corporate supply, a supersized $600 billion stimulus plan tomorrow, heaviness in the belly of the curve and new year allocation into stocks. The prospect of higher deficit spending and increased Treasury supply to fund such spending weighed on the bond market.

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