BY MIN ZENG
Treasury prices rose Friday as the recent selloff lured buyers to scoop up cheaper securities.
But the rally faded following the resignation of Egyptian President Hosni Mubarak, a move that eased worries about geopolitical risks in Middle East and sent stock prices higher.
"With Mubarak stepping down, there may be a lessening of tensions short-term," said Ted Ake, head of Treasury and agency trading in New York at Société Générale. "However, in my view, this just replaces one uncertainty with another. Who will take over longer term? Are they trading one despot for another?"
By day's end, the benchmark 10-year ...
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