Description: Treasuries dropped, pushing 10-year note yields up the most in more than two months, after the European Central Bank coordinated with the Federal Reserve and other central banks to maintain liquidity for the euro area’s financial institutions.
Source: Businessweek.com
Date: 09/17/2011
Questions for discussion:
- Summarize the financial news reported.
- What is the significance of these developments for the economy?
- How can businesses be expected to react?
- How can investors be expected to react?
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