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NEW YORK (AP) - Treasury bond prices got off to a rickety start Tuesday, due to tough talk on inflation from a couple of Federal Reserve speakers abroad, which added to the market's nagging suspicion that the central bank may not be as keen on a rate cut as first thought.
At 11 a.m. EDT, the 10-year Treasury note was down 31 cents per $1,000 in face value, or 1/32 point, from its level at 5 p.m. Monday. Its yield, which moves in the opposite direction, was unchanged at 4.61 percent.
The 30-year bond fell 5/32 point. Its yield rose to 4.81 percent from 4.80 percent.
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