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October 16, 2008 · 1:23PM

Foreign Investors Flee U.S. Corporate Debt, Stocks

The U.S. Treasury Department reported Thursday that overseas investors bought roughly $35 billion in Treasury bonds in August, but fled corporate bonds, U.S. stocks and government-agency bonds, signaling growing aversion to any debt that is not fully backed by the government. (CNNMoney)

Categories: Business & Finance Today · Financial Services · Markets, Economic News

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