Treasuries Advance for Second Day as S&P 500 Futures Decline

  • Risk aversion gripping markets before nonfarm payrolls data
  • Benchmark 10-year yield down five basis points this week

Treasuries rose on Friday for a second day while futures contracts on the Standard & Poor’s 500 Index fell as investors reduced exposure to risks in favor of haven assets before the U.S. employment report for August.

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