(Bloomberg) -- U.S. Treasuries were little changed before a $5 billion reopening of an auction for 30-year bonds amid signs the economy may be slowing and inflation moderating.
The 30-year security was unchanged after a government report showed import price increases in April were less than they were in the prior month, leading to speculation the cost of goods and services may not be accelerating. The Federal Reserve yesterday kept borrowing costs at 5.25 percent and said inflation is the ``predominant'' risk to the economy.
Read more at Bloomberg Bonds News
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