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NEW YORK (AP) - Treasury bond prices fell Wednesday after the Federal Reserve kept its key lending rate on hold and voiced continued concerns about inflationary pressures in the economy.
At 5 p.m. EDT, the 10-year Treasury note was down $2.19 per $1,000 in face value, or 7/32 point, from its level at 5 p.m. Tuesday. Its yield, which moves in the opposite direction, rose to 4.67 percent from 4.64 percent.
The 30-year bond fell 17/32 point. Its yield rose to 4.84 percent from 4.81 percent.
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