Treasuries Drop Most in Three Weeks on Increases in U.S. Hiring, Services

(Bloomberg) -- Treasuries declined the most in three
weeks after private reports showed the U.S. added more jobs last
month than economists forecast and services industries
unexpectedly accelerated.

Demand for U.S. government debt fell as the risk of holding
European corporate bonds dropped and concern over terrorist
incidents in the U.K. eased. A Labor Department report tomorrow
may increase speculation a stronger job market is increasing the
risk inflation will accelerate.


Read more at Bloomberg Bonds News