Treasuries Gain Most Since August on Concern Growth Is Slowing

Treasuries soared the most since August after U.S. employers added fewer jobs than forecast, adding to speculation that the growth rate of the world’s biggest economy is slowing.

Ten-year note yields fell for a fourth week after payrolls grew by 88,000 workers last month, the smallest in nine months, even as the unemployment rate declined, the Labor Department said. Gauges of company hiring and U.S. services industries also trailed forecasts. Federal Reserve Chairman Ben S. Bernanke may assess the jobs growth and the duration of the central bank’s bond-buying plan in an April 8 speech in Atlanta.