(Reuters) - Dealers see the Fed as eager to demonstrate that it has subdued inflation decisively before contemplating rate cuts to boost the economy. This could be a recipe for continued range trade until data gives a clearer direction to monetary policy.
"Obviously we are waiting to see what we can get out of the Fed and whether that is supposed to inspire anything," said David Ader, head of government bond strategy at RBS Greenwich Capital.
Read more at Reuters.com Bonds News
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