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NEW YORK (AP) - U.S. government bonds remained huddled in a narrow trading range Tuesday, with investors reluctant to add to their positions ahead of the Federal Reserve's monetary policy statement on Wednesday.
At 5 p.m. EDT, the 10-year Treasury note was down 63 cents per $1,000 in face value, or 2/32 point, from its level at 5 p.m. Monday. Its yield, which moves in the opposite direction, rose to 4.64 percent from 4.63 percent.
The 30-year bond fell 9/32 point, as traders reported selling ahead of Thursday's $5 billion auction. Its yield rose to 4.81 percent from 4.79 percent.
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