(Bloomberg) -- Treasuries were little changed after an auction today of 10-year securities amid speculation the Federal Reserve may emphasize slowing economic growth at its meeting tomorrow.
The yield on the benchmark 10-year note was little changed at 4.62 percent as of 1:21 p.m. in New York, according to bond broker Cantor Fitzgerald LP. The price of the 4 5/8 percent note maturing in February 2017 increased 1/32, or 31 cents per $1,000 face amount, to 100. Yields move inversely to prices.
Read more at Bloomberg Bonds News
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