(Reuters) - NEW YORK, April 2 - U.S. Treasury debt prices were steady on Monday as investors brushed aside surprisingly weak manufacturing data on views stubbornly high inflation could prevent an interest rate cut later this year.
Government bonds also were little moved by news of more problems in the subprime mortgage sector, with New Century Financial, the biggest independent player in the industry, filing for Chapter 11 bankruptcy protection.
Read more at Reuters.com Bonds News
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