(Bloomberg) -- Treasuries fell after the Federal
Reserve said inflation is still the greatest risk facing the
economy while keeping the benchmark lending rate at 5.25 percent
for an eighth consecutive meeting.
Yields on two-year notes, more sensitive than longer-
maturity debt to Fed rate changes, rose the most in two weeks as
traders pared bets the central bank will lower its target rate
this year after increasing it 17 times from June 2004 to June
2006. Two-year yields yesterday touched a one-month low.
Read more at Bloomberg Bonds News
Reserve said inflation is still the greatest risk facing the
economy while keeping the benchmark lending rate at 5.25 percent
for an eighth consecutive meeting.
Yields on two-year notes, more sensitive than longer-
maturity debt to Fed rate changes, rose the most in two weeks as
traders pared bets the central bank will lower its target rate
this year after increasing it 17 times from June 2004 to June
2006. Two-year yields yesterday touched a one-month low.
Read more at Bloomberg Bonds News
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