NEW YORK, Aug 20 (Reuters) – U.S. Treasury bond prices edged
lower on Wednesday as investors consolidated gains made last
week and prepared for the release of the minutes from the
Federal Reserve’s last meeting at the end of July for any clues
on future U.S. monetary policy.
A seasonal slowdown in trading and a lack of U.S. economic
data to provide impetus for taking big positions contributed to
a lackadaisical morning session, traders and strategists said.
NEW YORK, Aug 19 (Reuters) – U.S. Treasury yields rose on
Tuesday after stronger-than-expected housing data but a modest
increase in consumer inflation data for July, pushing the levels
up from last week’s 14 month lows.
“Inflation data is neither here nor there, but the housing
data is a little bit more bearish for Treasuries. I think we’ll
be relatively rangebound,” said Thomas Simons, money market
economist at Jefferies LLC in New York.