Treasuries Finish Lower on Profit-Taking
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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