Milder Factory Activity Calls Into Question Growth Outlook, Leaving Bonds Hanging
Posted on March 15, 2010 at 18:20 PM EDT
Treasuries were little changed Monday as investors moved to the sidelines before a Federal Reserve policy meeting, uncertain over what the central bank may signal about its exit strategy. Investors widely expect the Fed to stick to its near-zero interest rate policy adopted in December 2008 to support the economic recovery. But they are less sure of the Fed's tools and timetable for withdrawing the hundreds of billions of dollars pumped into the