U.S. government debt prices fell on Friday with their yields rising from historic lows, as Wall Street regained its footing following Thursday's carnage that sent it to an 11-year low.

If governments throw enough money at the system, a strong, near-term rally should happen, investor Marc Faber said. But if it fails to materialize, prepare for an unprecedented depression.

The U.S. government debt market rallied Thursday, sending the two-year note yield at record low, as recession fears hammered global stock markets and spurred safety bids for bonds and cash.

Despite continued woes in the U.S. economy, the greenback has seen an unexpected surge against currencies around the world As investors become ever more risk averse, emerging markets are bearing the brunt of a flight to safety.

U.S. government debt prices rallied on Wednesday, pushing the 2-year note's yield down to a three-decade low on firming bets that the Federal Reserve will cut rates as the economy worsens and a steady exodus out of riskier assets into Treasuries' relatively safe harbor.

U.S. Treasury debt prices rose Tuesday after a government report showed a record drop in producer prices, the latest evidence that inflation pressure is waning due to plunging energy prices.

Treasury Secretary Paulson and Congress locked horns over a $700 billion financial bailout fund, with lawmakers seeking to stem foreclosures and Paulson arguing for aiding financial companies.

U.S. Treasury Secretary Henry Paulson said on Monday that solid progress has been made  in stabilizing the U.S. financial system but it will take considerable time to restore it to health.

U.S. Treasury debt prices were mostly higher on Monday, extending Friday's sharp gains, as Japan's economy slipped into a downturn and more gloomy economic news from the United States fueled fears of a global recession, supporting safe-haven demand for government bonds.

Given the speed at which the federal government is throwing money at the financial crisis, the average taxpayer, never mind member of Congress, might not be faulted for losing track.  CNBC hasn't. Try $4.3 trillion. That's  more than what was spent on WW II, if adjusted for inflation, based on our computations from a variety of estimates and sources.

The U.S. Treasury debt market rallied Friday, as a record drop in retail sales fanned fears of a deep recession and revived safe-haven bids for bonds.

U.S. Treasurys pared losses and the two-year Treasury note yield fell to a new five-year low as another sharp stock slide boosted the bid for safe-haven U.S. government debt.

U.S. Treasury debt prices  rose Wednesday after a one-day holiday as a lower opening on Wall Street fed the bid for safe-haven U.S. government debt.

The U.S. Treasury and Federal Reserve on Monday eased the terms of official aid to battered insurance giant American International Group.  The following is a chronology of Fed actions to counter a global credit crisis sparked by the collapse of U.S. housing

U.S. Treasury debt prices fell Monday as traders cut prices ahead of billions of dollars of new supply and as stock market gains and a restructured bailout package for American International Group damped investors' appetite for safe-haven government debt.