Economics
Treasuries Rise a 4th Day Before Service Industries Data
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Treasury 10-year note yields fell to the lowest level in three weeks after China’s non-manufacturing industries expanded at a slower pace in September and before a report that may indicate a similar decline in the U.S.
Thirty-year yields dropped to the least since Sept. 28 on bets that reports this week will signal the U.S. labor market is deteriorating. Demand for havens was buoyed as Spanish Prime Minister Mariano Rajoy said yesterday he has no plans to request a bailout soon. President Barack Obama and Republican challenger Mitt Romney will debate economic policy in Denver today. American companies added fewer workers last month, ADP Employer Services will say, according to a Bloomberg survey.