Friday, April 13, 2007

Treasuries Little Changed as Core Wholesale Prices Are Unchanged in March

(Bloomberg) -- Treasuries were little changed after a government report showed wholesale prices excluding food and energy were unchanged last month.

Treasuries declined earlier this week after minutes of the Federal Reserve's most recent meeting showed policy makers agreed higher interest rates may still ``prove necessary'' to control inflation, even as they removed a reference in their statement to tighter credit because of increased economic risks.


Read more at Bloomberg Bonds News

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