Treasuries Improve, and Finish Higher

Treasuries rose on hopes the the FOMC might point to economic risks at its meeting Tuesday. Stocks moved into the red

Hopes built over the session Monday that the FOMC might at least introduce a weakened assessment of economic risks at Tuesday's meeting, though the vast majority of market participants do not expect a rate cut. The data was pretty evenly split, with services ISM bouncing back above 50 to 50.7 (from 47.9), while the Challenger Layoff report jumped 71% to 146,000.

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