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U.S. government bond prices fall as companies sell new debt

AUGUST 3, 2016 | by Min Zeng | WALL STREET JOURNAL

By Min Zeng, includes "New corporate debt sales pushed down U.S. government bond prices on Monday and sent yields higher, highlighting the Treasury bond market’s important role as a bedrock of global financing. ... Firms are taking advantage of historically low interest rates to lock in favorable funding costs. Apple Inc. and Verizon Communications are among companies that sold new debt over the past week."

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