Treasuries Finish Lower on Profit-Taking

Treasuries fell under intense pressure amid thin flows in reaction to the U.N. weapons inspectors report

U.N. inspectors and reticent allies on the Security Council appeared to put the brakes on the U.S. drive towards a use of force Friday, while still not exonerating Iraq. Even prior to the inspectors' equivocal reports, the markets appeared to be leaning towards a slightly lower risk profile, prompting profit-taking on Treasuries and some modest demand for stocks and the dollar.

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