Treasuries Decline as U.S. Economy Adds More Jobs Than Forecast

  • Data show employment gains in February even as wages fell
  • Benchmark 10-year yield rises to highest level in a month

Treasuries fell, pushing 10-year yields to a one-month high, after a report showed U.S. jobs growth was solid enough in February to sustain speculation that the Federal Reserve will raise interest rates this year.

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