Treasuries Little Changed as Consumer Prices Increase Less Than Forecast

(Bloomberg) -- U.S. Treasuries were little changed after a government report showed April consumer prices increased less than economists forecast.

Yields dipped for the first day in three on speculation that inflation pressures may have peaked, leaving the Federal Reserve room to hold rates steady. Fed policy makers held borrowing costs at 5 1/4 percent for the eighth time at a policy meeting last week, saying inflation remains the ``predominant'' economic risk.


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