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Archive Home > 2009 > March > 26 > Treasury auction draws a tepid response

Treasury auction draws a tepid response

By Jack Healy / The Bulletin
March 26, 2009

In an early sign that Washington may have to pay more to finance huge stimulus plans to fix the economy, investors hesitated at buying a government debt issue on Wednesday, forcing the Treasury to pay a higher interest rate than expected.

While the government ended up paying only a fraction of a....

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