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US bonds weather prices report

US BONDS were little changed in early trading on Wall Street after a report showing that an unexpected rise in producer prices failed to spur inflation concerns.

The US government said prices paid to factories, farmers and other producers rose by 0.2 per cent last month, and by 0.1 per cent when food and energy prices were excluded. Most analysts had forecast no change for producer prices overall, and a 0.1 per cent increase excluding food and energy.