U.S. Treasury yields were little changed on Thursday as investors looked to key economic reports and concerns about the outlook for monetary policy persisted.
Yields and prices move in opposite directions. One basis point equals 0.01%.A series of key data is due out before the end of the week. Pending home sales figures for August, weekly initial jobless claims and final second-quarter GDP are expected Thursday. The August personal consumption expenditure price index — one of the Fed's preferred inflation measures — is due on Friday.
Investors are looking to the data for hints about the state of the economy and the path for interest rates ahead. It comes after the Federal Reserve earlier this month said that it
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