(Reuters) - NEW YORK, April 30 - U.S. Treasury debt prices climbed on Monday after a weaker-than-forecast reading on inflation boosted investor expectations the Federal Reserve could move to cut benchmark interest rates.
Fed officials have said that inflation remains their highest concern when considering monetary policy, but March data released on Monday showed inflation that was nearer to the central bank's presumed comfort zone.
Read more at Reuters.com Bonds News
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