U.S. Yields Stable Around 5-Weeks Lows

Most U.S. Treasuries prices were little changed on Tuesday, with benchmark yields holding near their five-week lows, overcoming earlier concerns about the Federal Reserve further paring its bond-buying next week.

Bond prices fell initially on worries stemming from an article in The Wall Street Journal that said the U.S. central bank will likely reduce its monthly purchases of Treasuries and mortgage-backed securities by another $10 billion to $65 billion.

But they recovered from their modest decline after investors grew more comfortable with the likelihood of a further Fed pullback.

CNBC

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