(Reuters) - NEW YORK, May 8 - U.S. Treasuries were little changed on Tuesday with traders wary of taking a strong position ahead of the Federal Reserve's policy meeting on Wednesday.
Investors expect the Fed to keep the benchmark overnight lending rate steady at 5.25 percent, but are unsure how policy-makers will describe an environment of weakening economic growth and slowing inflation, while making the case for keeping interest rates on hold.
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