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Economics

Treasuries Drop for First Time in Three Days Before Jobs

Treasury 10-year notes fell for the first time in three days before a government report that analysts said will show the job market in the world’s biggest economy improved in January.

The benchmark 10-year yield approached the highest level since April before separate data forecast to show manufacturing quickened last month and consumer confidence was higher than first estimated. Treasuries handed investors a 1 percent loss last month, according to Bank of America Merrill Lynch indexes. The MSCI All-Country World Index of shares gained 4.5 percent. The difference was the most since February.