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9/1/2017, 1:26 PM (Source: TeleTrader)
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Treasuries decline ahead of major jobs report

United States government bonds traded lower on Friday as market participants geared up for the release of latest payrolls figures by the US Labor Department at 2:30 pm CET.

The yield on benchmark 10-year bonds climbed 1.55 basis points to 2.1325% at 1:17 pm CET, while the yield on two-year Treasuries increased 0.04 basis points to 1.3259%. The yield on 30-year debt rose 1.53 basis points to 2.7415% at the same time.

In Europe, the yield on 10-year German Bunds jumped 3 basis points to 0.391%, whereas the yield on British gilts with the same maturity rallied 2.8 basis points to 1.062%. Bond yields move in the opposite direction relative to prices.

Baha Breaking News (BBN) / IB