1.   As investors fled emerging markets, it was becoming more difficult for Russia to finance its chronic budget deficits by selling treasury securities.

2.   A weaker dollar makes dollar-denominated investments like treasury securities less attractive to foreign investors.

3.   Instead it involves a complicated budget maneuver that would give Social Security more treasury securities, which could eventually be redeemed to pay obligations to retirees.

4.   Prices of treasury securities slipped, as traders nervously awaited reports on inflation due out Thursday and Friday.

5.   Prices of treasury securities fell Thursday after an unexpectedly strong rise in housing starts revived concerns about a strong economy and accelerating inflation.

6.   Prices of treasury securities were little changed in thin trading as the Federal Reserve held its policy meeting without changing short-term interest rates.

7.   Prices of treasury securities dropped, as traders were surprised by data indicating strong home sales.

8.   Prices of treasury securities edged higher, but investors had largely anticipated the rate cut and priced it into the market.

9.   That reduces the buying power of the money these investors have locked up in the bonds and similar treasury securities.

10.   The Federal Reserve does not receive any congressional appropriation but instead finances itself through interest earned on treasury securities and fees charged to the financial-services industry.