Treasuries are little change on signs of less stimulus

U.S. treasuries were little changed on Tuesday after the Federal Reserve Bank of Philadelphia President Charles Plosser said that the Fed should reduce its bond purchasing program as early as the next meeting. The benchmark 10-year bonds yielded at 1.91%, when it declined one basis point as of 8:55 a.m. London time after the rates rose to 1.94% yesterday, the highest since March 26.