Treasuries Swing From Loss to Gain With Fed Speakers on Horizon
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Treasuries swung from declines to gains as investors look forward to speeches by Federal Reserve policy makers this week for new clues on whether it will raise interest rates by a half point in May.
U.S. government bonds dropped across the curve in earlier trading before erasing their move. The two-year yield was little changed on the day around 2.45%, while the 10-year rate slipped more than a basis point to 2.81%.