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.
'Soft patch' not so soft, as US economic growth is revised higher (AFP) AFP - The US economy's  quot;soft patch quot; was not as weak as initial estimates, according to government data showing a 3.3 percent pace of expansion in the second quarter.