U.S. 10-Year Yields Fall Toward Month Low Before Job Data
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Treasuries halted a decline from yesterday before U.S. reports this week that economists said will show employment is struggling to pick up.
Benchmark 10-year yields were three basis points from the lowest level in a month ahead of government data projected to show payrolls grew at a slower pace, adding to the case for the Federal Reserve to begin a third round of asset purchases to stimulate the economy. European officials meet today and tomorrow to discuss measures to stem the region’s debt woes.