Treasuries Decline as Job Openings Highlight Fed’s Dilemma

Treasuries fell after a gauge of US job openings topped estimates, highlighting the challenge Federal Reserve policymakers face as they prepare to vote on whether to lower interest rates again this week.

Yields closed higher across tenors, led by short-dated notes that are more sensitive to changes in monetary policy. The move followed a Labor Department report that showed October job openings increased to the highest level in five months.