* Bond prices lower as euro bounce damps safety bid
* Subdued U.S. inflation index implies Fed to stay on hold
NEW YORK, – U.S. Treasuries prices slipped on Wednesday as a bounce in the euro reduced the appeal of safe-haven U.S. government debt. READ MORE »
BERLIN–The euro zone must take concrete steps to enhance the political dimension of the European Monetary Union and to firmly enforce fiscal discipline, the German government said in a document. READ MORE »
Treasuries were little changed before an industry report that economists said will show pending U.S. home resales rose for a third month in April. READ MORE »
The dollar and the yen rose against their major counterparts as concern that Europe’s debt crisis is expanding and the U.S. economic recovery may be growing more slowly pushed investors to the safest currencies. READ MORE »
Inventories at U.S. wholesalers rose for a fourth month in April, accompanied by a jump in sales that signals companies will ramp up orders to meet demand. READ MORE »
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