Treasuries little changed before Fed's meeting

Source: Bloomberg
© Scanpix/FP
U.S. Treasuries were little changed on Tuesday pushing the benchmark 10-year yields towards the highest level in two months as Chairman of the Federal Reserve Ben Bernanke discussed outlook of the economy and possible tapping of monetary stimulus. U.S. 10-year bonds yielded at 1.965% at 6:42 a.m. London time after they rose to 1.98% on May 15.

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