Treasury Investors Predict April Loss After Four Gains

Treasuries have risen in April during each of the past four years. This time, investors are betting on a loss.

U.S. government securities fell today as data showed an expansion in Chinese manufacturing beat economist forecasts, damping demand for the safest assets. Analysts project U.S. data will show manufacturing improved in March, while figures later this week will indicate hiring picked up, based on a Bloomberg News survey. Fukoku Mutual Life Insurance Co. and Daiwa SB Investments Ltd. said Treasuries will fall in coming weeks.