(Reuters) - Bond investors have been at odds with the Fed's repeated comments that inflation is the economy's biggest threat, with many expecting the Fed to cut rates later in the year to help underpin growth.
"With the minutes indicating that the Fed's concern remains on inflation risks, U.S. inflation data due out from today will be the near-term market fucus," Yoshio Takahashi, a bond strategist at Barclays Capital, said in a note to clients.
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