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NEW YORK (AP) - Bonds slipped Tuesday, after a speech by Federal Reserve Chairman Ben Bernanke Monday night played down the broader economic importance of the yield curve for monetary policy makers.
The selling was strongest in short-dated issues.
At 5 p.m. EST, the 10-year Treasury note fell 15/32. Its yield, which moves in the opposite direction, rose to 4.72 percent from 4.66 percent.
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