(Reuters) - NEW YORK, May 22 - U.S. government bond prices
hovered at lower levels on Tuesday as investors awaited fresh
economic data to get a clearer picture of the economy and clues
on the direction of interest rates.
Treasuries, whose yields are near three-month highs, were
little moved by comments from Richmonod Federal Reserve
President Jeffrey Lacker that core inflation was still too
high. Lacker, who is not a voting member on the central bank's
policy-setting committee this year, was speaking on CNBC.
Read more at Reuters.com Bonds News
hovered at lower levels on Tuesday as investors awaited fresh
economic data to get a clearer picture of the economy and clues
on the direction of interest rates.
Treasuries, whose yields are near three-month highs, were
little moved by comments from Richmonod Federal Reserve
President Jeffrey Lacker that core inflation was still too
high. Lacker, who is not a voting member on the central bank's
policy-setting committee this year, was speaking on CNBC.
Read more at Reuters.com Bonds News
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