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The SEC threw in the towel on tighter regs, but treasurers may lose interest given the funds very low yields. (Heath Tarbert of Weil Gotshal & Manges)
Credit constraints and an inventory overhang will limit improvement.
Italian debt also advances after auction.
French yields may rise as the economy stagnates and joblessness rises.
Central bank reportedly wants a draft liquidity rule relaxed amid Europes debt crisis.
Most corporate board members who win majority withhold votes continue to serve on board.