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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