Treasury End Mixed

Manufacturing data, though not soft enough to spark a rally, keeps the Fed in the picture

U.S. Treasury prices fell as a manufacturing report that landed short of expectations wasn't weak enough to sustain a rally. The data, while not showing runaway strength, however, keeps the Federal Reserve in the picture.

In addition, a lesser-known Business roundtable economic outlook survey showed CEOs bullish are on the economy. Traders remain hesitant to buy ahead of Friday's crucial jobs data.

But a Washington incident, thought to be a bomb, sparked short covering. The incident was a pepper-spray prank, but the bid held on another round of weak car sales and surging oil.

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