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NEW YORK (AP) - Bond prices fell Wednesday, sending their yields slightly higher, as traders hedged their bets ahead of the release Thursday of a key reading on consumer price inflation.
The price of the benchmark 10-year Treasury note fell 7/32 point, or $2.19 per $1,000 in face value. Its yield, which moves in the opposite direction, rose to 4.16 percent compared with 4.15 percent late Tuesday.
The 30-year Treasury bond fell 3/32 point to yield 4.40 percent, up from 4.39 percent a day earlier, according to Moneyline Telerate.
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