Business

Markets Got an Unexpected Boost From Washington. Will It Mark a Turning Point?

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Nov. 5, 2023 5:30 am ET

The Treasury Department handed investors a happy surprise last week. Now the question is how far they can run with it.

Stocks and bonds both staged rallies last week, getting a boost when the Treasury increased the size of longer-term debt auctions by a smaller amount than many had expected.

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