U.S. Debt Set for Weekly Loss on EU Effort to Stem Crisis

Treasuries headed for a weekly loss as European officials took steps to contain the region’s debt crisis and data showed improvement in the U.S. economy.

Federal Reserve Chairman Ben S. Bernanke said yesterday central-bank efforts to spur growth are sending credit markets and shares higher. U.S. government securities have declined 0.5 percent this year, while company debt returned 3.3 percent, Bank of America Merrill Lynch data show.