(Bloomberg) -- U.S. Treasury notes were little
changed before a speech today by Federal Reserve Chairman Ben S.
Bernanke, who may say inflation is still a risk to the economy.
Notes have fallen this month as traders bet prices for goods
and services are rising fast enough to keep policy makers from
cutting the benchmark interest rate from a six-year high.
Treasuries dropped 0.4 percent so far in July, adding to losses
in May and June, according to Merrill Lynch & Co. data.
Read more at Bloomberg Bonds News
changed before a speech today by Federal Reserve Chairman Ben S.
Bernanke, who may say inflation is still a risk to the economy.
Notes have fallen this month as traders bet prices for goods
and services are rising fast enough to keep policy makers from
cutting the benchmark interest rate from a six-year high.
Treasuries dropped 0.4 percent so far in July, adding to losses
in May and June, according to Merrill Lynch & Co. data.
Read more at Bloomberg Bonds News
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