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Article: ROUNDUP
- Article from:
- The Washington Post
- Article date:
- March 14, 1989
CopyrightThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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MARKETS
Treasury-bill yields rose. The Treasury auctioned $7.216 billion
worth of 13-week bills at an average discount of 8.69 percent, up
from 8.65 percent, and $7.203 billion worth of 26-week bills at an
average discount of 8.76 percent, up from 8.66. The actual yield was
9.01 percent on the 13-week bills 9.29 percent on the 26-week bills.
Oil futures gained. The April contract for the benchmark West
Texas intermediate rose above the $19 resistance level. The runup
was attributed to reports that Norway's fire-damaged Ekofisk complex
would be down at least another day, and that non-OPEC oil nations
plan further output cuts.
EARNINGS
General Mills said its third-quarter income rose ...
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