Treasuries Steady Before French Vote; Trump's Tax Vow Trims Gain
- Tight French race leaves investors grasping for direction
- Advance pared after Trump says tax proposal coming next week
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Treasuries were little changed and remained within Thursday’s ranges as markets worldwide struck a cautious tone ahead of France’s presidential election.
The 10-year yield was little changed at 2.23 percent at 3:23 p.m. New York time. Bonds trimmed earlier advances after President Donald Trump said the administration will release a tax plan for individuals and businesses in the latter part of next week, as he approaches the end of his first 100 days in office.