Treasuries Finish Higher
Treasuries rounded out Wednesday's session on firm footing as familiar themes of the war premium and stock weakness helped sustain a bid this week. There was some vague talk of an easing bias from the Fed, perhaps as Bush's tax cut proposals failed to get much traction with The Washington Post-ABC survey participants. Risk events next week, including U.N. inspection findings Monday, Bush's State of the Union address on Tuesday and the FOMC decision on Wednesday all loom as well.
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