Treasuries Up, Indirect Bidders Buy Big (Reuters) Reuters - U.S. Treasury prices built on early\gains on Wednesday after an auction of five-year debt drew\surprisingly strong demand from indirect bidders, which include\foreign central banks.
Greenspan: Economy Regaining Traction (Reuters) Reuters - The U.S. economy has escaped a\recent soft patch and seems to be picking up steam, Federal\Reserve chief Alan Greenspan said on Wednesday in remarks\economists saw as cementing a September rate rise.