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US inflation rise boosts dollar, Treasury yields; stocks mixed

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NEW YORK - The dollar and U.S. Treasuries yields rose on Tuesday after a report showed U.S. consumer prices climbed in May at their strongest pace in a year.

Stocks on world markets were mixed, with European issues up slightly, fueled by corporate merger and acquisition speculation. Wall Street was flat as Federal Reserve policymaking officials gathered for a two-day meeting.

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