TREASURIES-US yields drop after unexpected decline in private sector jobs
BY Reuters | ECONOMIC | 12/03/25 08:29 AM ESTNEW YORK, Dec 3 (Reuters) - U.S. Treasury yields fell after data showed a surprise decrease in private sector payrolls in November, adding to worries about labor market weakness and cementing expectations of a rate cut by the Federal Reserve next month.
The benchmark 10-year yield slid 3.4 basis points (bps) to 4.0536%, from 4.0633% before the data's release.
The two-year yield, which reflects interest rate moves by the Fed, extended its fall to 4.473%. (Reporting by Gertrude Chavez-Dreyfuss Editing by Tomasz Janowski)
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