Economics

Treasuries Trim August Loss on Fed Stimulus Speculation

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Treasuries pared declines before Federal Reserve Chairman Ben S. Bernanke speaks on economic policy at the Kansas City Fed’s annual symposium in Jackson Hole, Wyoming.

Bonds fell earlier before a government report that economists said will show factory orders increased in July at the fastest pace this year, damping demand for relative safety of government debt. Treasuries have lost 0.4 percent in August, Bank of America Merrill Lynch indexes show.