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NEW YORK (AP) - U.S. Treasury bonds finished Thursday in mildly positive territory after yields failed to gain traction at higher levels.
A bout of relief buying helped bonds reverse three consecutive days of heavy trade that culminated with the 10-year yield, which moves inversely to price, climbing to 4.60 percent late Wednesday.
But with investors still nervously eyeing inflation indicators, traders said the decidedly bearish market mood has not changed, suggesting that bonds may be in for more weakness in the near-term.
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