Wednesday, May 2, 2007

REFILE-U.S. Treasury says committed to TIPS debt sales

(Reuters) - A Treasury advisory committee recommended that the department consider eliminating 5-year Treasury Inflation-Protected Securities and consolidating 10-year note auctions, according to minutes of the advisory committee meeting issued earlier.

"The TIPS play an important role in our overall portfolio," Treasury's assistant secretary for financial markets, Anthony Ryan, said at a news conference after announcing details of Treasury's quarterly offering of debt securities.


Read more at Reuters.com Economic News

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