Bond Report: Treasury yields hold steady as bund yields jump on ECB speculation

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U.S. bond yields were little changed to slightly higher Tuesday morning, as investors waited for next week’s interest rate decision by the Federal Reserve.

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The Federal Reserve is in its media blackout period ahead of its FOMC meeting next week. After some volatility last week, when a 41-year high U.S. inflation reading prompted investors to price in an imminent full percentage point rate hike in borrowing costs by the central bank, action has settled down.

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