Wed, 31 Jul 2013 12:54:05 GMT
Treasuries headed for monthly loss before Fed's policy decision
Treasuries headed for another monthly loss, which would be the third consecutive monthly fall, on speculation the Federal Reserve will reduce its bond buying programme this year. Policymakers may comment on the programme after today's meeting. U.S. bonds declined 0.2% this month through yesterday. The yield on ten-year treasuries remained flat at 2.62% today as of 10:39 a.m. London time.