(Bloomberg) -- U.S. Treasuries were little changed as recent economic reports quenched optimism the world's largest economy is slowing enough for the Federal Reserve to consider cutting interest rates.
Treasuries fell yesterday for the first time in three days when durable goods orders rose, a sign that business investment is recovering. They gained the day before as existing home sales tumbled, potentially dragging down the overall economy, which may prompt rate cuts. A report today may show initial jobless claims dropped last week.
Read more at Bloomberg Bonds News
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