Treasury yields fall as Fed Beige Book shows a tight labor market and a growing economy - CNBC

U.S. government debt prices rose on Wednesday as the Federal Reserve said the economic activity grew at a slight-to-moderate pace in March and early April. The Fed’s Beige Book report, a region-by-region assessment of the U.S. economy based on anecdotal information collected by the 12 regional Fed banks, found that the U.S. economy continues to grow and labor markets remains tight across the country.

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