Bonds mixed as data shows mild inflation in April

Treasury prices traded mixed Wednesday, pausing in their selloff as investors got some relief from a report showing mild inflation during April.

The Labor Department said consumer prices rose 0.2 percent last month, compared to March's 0.3 percent increase. A flat reading for energy _ after a jump in natural gas prices was offset by a decline in gasoline costs _ made up for a 0.9 percent jump in food costs.

Stripping out volatile food and energy prices, core inflation edged up 0.1 percent, less than expected and below March's 0.2 percent rise.

"All in all, it was solid numbers for the bond market," said Kevin Giddis, managing director …