(Reuters) - NEW YORK, May 9 - U.S. government bonds were unchanged to slightly lower as investors expected the Federal Reserve to leave interest rates on hold at its meeting on Wednesday while giving hints on future moves.
Markets want to hear how the Fed acknowledges the recent softening in inflation and economic growth, which could shift expectations for an interest rate cut. However, the Fed is still likely to leave benchmark borrowing costs on hold at 5.25 percent for a while longer.
Read more at Reuters.com Bonds News
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