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Reuters: Dollar steadies, global bonds rally on Fed

Started by chris, March 19, 2009, 09:59:14 AM

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chris

Dollar steadies, global bonds rally on Fed
      
   
      


HONG KONG (Reuters) - The U.S. dollar steadied on Thursday after suffering its biggest daily plunge since 1985, while Asian government bonds rallied on a large-scale plan by the Federal Reserve to buy long-dated U.S. Treasuries, reviving a practice not used in decades.<div class="feedflare">
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