Treasuries Fall a Fourth Day as Economists See Job Gains
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Treasuries dropped for a fourth day, making them the world’s worst-performing bonds, as economists said a report will show the U.S. unemployment rate held at the lowest level since 2008.
Ten-year Treasuries headed for their steepest weekly slide since March after a private report yesterday showed companies added more workers than expected in December and the Federal Reserve said it will probably end monthly debt purchases this year. Government securities maturing in 10 years and longer handed investors a 4.72 percent loss in the past month, the biggest decline of 144 debt indexes tracked by Bloomberg and the European Federation of Financial Analysts Societies.