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US Treasury commited to inflation-proof bond market

Published: 08 Nov 2009 16:52:42 PST

BRUSSELS, Nov 6 - The U.S. Treasury Department is committed to issuing inflation-proof bonds (TIPS) and improving liquidity in that market, a Treasury official said on Friday.

Matthew Rutherford, the Treasury's deputy assistant secretary for federal finance, told a bond conference in Brussels that the Treasury would also slowly reduce reliance on the T-bill sector over the next few years.


Source: Reuters

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