Treasuries Decline for First Time in Three Days
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Treasuries declined for the first time in three days before U.S. data analysts said will show employment growth picked up in the world’s biggest economy.
U.S. government securities this week pared gains from the previous two months. Businesses across the country are hiring workers in industries from software to finance, according to a Federal Reserve survey, adding to speculation employment is strong enough for the central bank to raise interest rates next year. The Fed will increase its benchmark in about 9 1/2 months, based on data compiled by Morgan Stanley.