(Reuters) - NEW YORK, May 22 - U.S. government bond prices
drifted lower on Tuesday as investors awaited fresh economic
data to get a clearer picture of the economy and clues on the
direction of interest rates.
A strong performance in overseas stock markets,
particularly in Asia, also encouraged investors to seek higher
returns from equities and discouraged bargain hunting in the
Treasury market, traders said.
Read more at Reuters.com Bonds News
drifted lower on Tuesday as investors awaited fresh economic
data to get a clearer picture of the economy and clues on the
direction of interest rates.
A strong performance in overseas stock markets,
particularly in Asia, also encouraged investors to seek higher
returns from equities and discouraged bargain hunting in the
Treasury market, traders said.
Read more at Reuters.com Bonds News
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