Treasuries Fall

Greenspan said in a letter to the Congress that a flattening yield did not necessarily signal a weak economy

S&P MARKETSCOPE: Treasuries fell in afternoon trading as Federal Reserve Chairman Alan Greenspan said in a letter to the Congress that a flattening yield did not necessarily signal a weak economy. This raised speculation that the chairman will reiterate the Fed's plan to reduce monetary policy accommodation in testimony later this week.

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