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The Atlanta Journal-Constitution Wall Street Column.

Publication: Knight Ridder/Tribune Business News
Date: Friday, August 8 2003

By Tom Walker, The Atlanta Journal-Constitution Knight Ridder/Tribune Business News

Aug. 8--A favorable economic report and upbeat retail sales reports lifted blue chip stock indexes for the second straight session Thursday, although tech stocks continued to languish.

In the bond market, the highest Treasury yields in a year attracted buyers to the government's $18 million sale of 10-year notes, the last of three debt sales totaling a record $60 billion.

The strong demand pushed Treasury prices higher, which had the effect of lowering the 10-

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