Treasuries Decline as Investors Prepare for U.S. Payrolls Report

  • Fed’s Mester says there’s a ‘compelling’ case to raise rates
  • Economists forecast jobs growth slowed to 180,000 in August

Treasuries fell before the Labor Department releases its latest jobs data, where a stronger-than-forecast reading would embolden the Federal Reserve’s view that the economy is approaching its targets on employment.

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