(Bloomberg) -- U.S. Treasuries are headed for the
biggest weekly decline in a month before a government report
that economists forecast will show jobs growth is strong enough
to keep the Federal Reserve from cutting interest rates.
Benchmark 10-year yields traded near the highest in two
weeks after private reports yesterday showed U.S. employment
gained and growth in services quickened. Economic indicators
have been ``robust,'' including ``steadily'' increasing
payrolls, Janet Yellen, head of the Fed Bank of San Francisco,
said in a speech via satellite to a conference in Singapore.
Read more at Bloomberg Bonds News
biggest weekly decline in a month before a government report
that economists forecast will show jobs growth is strong enough
to keep the Federal Reserve from cutting interest rates.
Benchmark 10-year yields traded near the highest in two
weeks after private reports yesterday showed U.S. employment
gained and growth in services quickened. Economic indicators
have been ``robust,'' including ``steadily'' increasing
payrolls, Janet Yellen, head of the Fed Bank of San Francisco,
said in a speech via satellite to a conference in Singapore.
Read more at Bloomberg Bonds News
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