MONEY AND INTEREST RATES
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Despite a report showing year-long highs in consumer confidence, American 30-year Treasury bonds rallied on news that the Federal Reserve chairman, Alan Greenspan, foresees a soft landing for the economy; yields fell to 5.82%.
This article appeared in the Economic & financial indicators section of the print edition under the headline “MONEY AND INTEREST RATES”
From the July 29th 2000 edition
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