Treasury End Mixed
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.