Bonds slightly soft ahead of inflation data

(Reuters) - However, after benchmark yields rose to five-year highs in
recent sessions, some analysts now see the market as better
positioned for an environment where firm economic growth
translates into modest upward pressure on inflation and the
potential for Fed rate hikes.




Economists polled by Reuters predicted the annual inflation
rate minus food and energy prices would post a reading of 2.3
percent, the same as April.


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