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Treasury yields dip as investors await key inflation data

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Monetary Policy News

Interest Rates,U.S. Treasury Bonds,Treasury Bills

U.S. Treasury yields fell slightly on Tuesday as investors awaited fresh inflation data and looked to remarks from Federal Reserve policymakers.

Investors looked to fresh key economic data and comments from Federal Reserve officials, scanning them for hints about the path ahead for monetary policy .

This is the first of two key inflation reports slated for the week, with the consumer price index for April being expected Wednesday. According to a Dow Jones survey, economists are anticipating it will reflect a 3.4% increase from a year ago and a 0.4% rise on a monthly basis.

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