NEW YORK (AP) - The credit markets grew more tense Tuesday, boosting demand late in the day for both short- and long-term government maturities as doubts heightened on Wall Street about Washington's ability to solidify plans for a $700 billion bailout of U.S. banks.
Demand for safe, short-term Treasurys was high most of the day, as investors noticed scant signs of recovery in the squeezed credit markets.
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