"​Treasuries Rise as Money Market Rates Soar, ECB Provides Funds" Says Bloomberg.​com. Money market rates soar on news of BNP freezing several funds and the ECB providing liquidity to European banks. Bloomberg reporter Elizabeth Stanton writes, "​Treasuries rose, led by short- maturity notes, after money market rates soared and the European Central Bank said it would provide unlimited funds at a below- market rate of 4 percent to avert a cash crunch."

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