Treasurys mixed ahead of Fed statement

NEW YORK (CNNMoney.com) -- Bond prices were mixed on Tuesday afternoon as investors await a statement from the Federal Reserve on monetary policy due Wednesday and monthly jobs data due Friday.

"There is a void of any good information," said Bill Larkin, portfolio manager at Cabot Money Management. "The treasury market is priced to perfection, but the stock market is overvalued and indicates a robust recovery. But we'll get a better snapshot of what's going to happen from the Fed's statement and employment data."

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