Summary Box: Interest rates creep higher in bond market; 30-year bond demand remains steady
By APThursday, April 8, 2010
Summary Box: Interest rates rise after auction
AUCTION RESULTS: Demand was adequate at an auction of $13 billion in 30-year Treasurys Thursday. The sale wrapped up $82 billion in new Treasury issuance this week.
GREECE FEARS: Investors initially moved into safe, U.S. government-backed bonds because of worries that Greece might default on its debt, despite assurances of help from other European nations.
RATES FLUCTUATE: Interest rates rose slightly in the bond market, erasing an early morning dip.
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