Treasurys lose ground as investors await payrolls

September 2, 2015 8:19 PM

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Treasurys lose ground as investors await payrolls

Yields on U.S. Treasurys rose slightly Wednesday as investors weighed a handful of U.S. economic reports, including figures on private-sector payrolls and the Federal Reserve’s Beige Book, ahead of Friday’s all-important August payrolls data.

The yield on the benchmark 10-year U.S. Treasury note TMUBMUSD10Y, +1.35% rose 2 basis points to 2.193%. The yield on the two-year note TMUBMUSD02Y, +1.13% rose less than half of a basis point to 0.720%. A basis point is 1/100 of a percentage point. Yields and bond prices move in opposite directio...

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