Low Rate Loans

The temporary reduction serves to recoup overpayments to providers from prior years as a result of a new patient classification low rate loans system that better recognizes patient severity of illness.

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Meanwhile, jittery investors looked for safety in German and U.S. government bonds. The German 10-year yield fell to a record low of 1.127% while the U.S. 10-year Treasury yield touched an all-time low of 1.395%.