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Wednesday, May 2
2012, 10:50 AM
The Treasury will take more time to analyze the feedback it's received about issuing...
The Treasury will take more time to analyze the feedback it's received about issuing floating-rate debt, which has been positive overall. The Treasury was expected to decide this week. The argument in favor is that the current auction system doesn't allow it to sell debt with a negative yield in the primary market, although not all are convinced.