Treasuries Fall as Manufacturing Growth Fuels Wagers on Fed Hike

  • Two-year notes lead declines as ISM index rises in September
  • Gauge of yield curve flattens for first time in four days

Morning Meeting: Jump in Negative-Yielding Debt

Treasuries fell, with two-year note yields rising to the highest in almost three weeks, as data showing expansion in the U.S. manufacturing sector fueled wagers that the Federal Reserve will raise interest rates before year-end.

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