Treasuries Fall as Investors Shun Lowest Yields in Two Months Before Data

(Bloomberg) -- Treasuries fell as investors shunned
benchmark yields near the lowest in more than two months on
speculation the economy is growing fast enough to prevent the
Federal Reserve from cutting interest rates.

U.S. notes also declined, pushing 2- and 10-year yields up
the most in two weeks, after a technical chart some investors
use to predict market movements indicated a three-week slump in
yields had gone too far. Payrolls, wages and manufacturing
probably expanded, reports will show this week, according to
economists surveyed by Bloomberg.


Read more at Bloomberg Bonds News