Shares of power producers were more or less flat as Treasury yields dropped in the wake of muted inflation data.
Shares of power producers were more or less flat as Treasury yields dropped in the wake of muted inflation data.
Yields on longer-dated debt held near recent highs, however.
Chairman Kevin Warsh pledged to lawmakers that the Federal Reserve will bring inflation down, saying members of its rate-setting committee "have no tolerance for persistently elevated inflation."
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
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