(AFX UK Focus) 2008-09-26 17:39 EURO GOVT-Bunds rise as U.S. Congress divided on bailout (Interactive Investor)

October 7th, 2008 | by DebtFree.net |

LONDON, Sept 26 (Reuters) – Euro zone government bonds rose on Friday as divisions in U.S. Congress over a bank bailout plan and the closure of Washington Mutual Inc, the largest U.S. savings and loans firm, spurred demand for safe-haven debt. Bunds were also supported as interbank lending remained frozen, keeping borrowing costs high and forcing central banks to pump more liquidity into the …


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