(Reuters) - NEW YORK, May 16 - U.S. Treasury debt prices were unchanged on Wednesday after data on housing starts and industrial production did little to alter expectations the Federal Reserve will hold interest rates steady over the near term.
The central bank has held the federal funds rate at 5.25 percent since June 2006 as it tries to balance the pace of economic growth with the rate of price inflation.
Read more at Reuters.com Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment