If history is any guide, data on the U.S. labor force released Friday will prove critical to both the move in short-term Treasury yields and expectations for the Federal Reserve raising interest rates this month. Benchmark U.S. two-year note yields climbed after each of the past two payrolls reports showed employment increases that topped forecasts. Economists expect Labor Department figures to show a gain of 180,000 in August, in line with the average for 2016.
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