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Treasury Drop Lifts Yield to 15-Year High Versus Germany

A Treasuries decline this week pushed yields to a 15-year high versus German bunds before a U.S. government report today that economists said will show the nation added more than 200,000 jobs for a fifth month.

U.S. securities are posting a loss for the past month after a report from the ADP Research Institute yesterday showed company hiring increased in June by the most since November 2012. The data added to signs the economy is strong enough to prompt the Federal Reserve to raise interest rates next year. The European Central Bank kept interest rates unchanged at record lows.