(Bloomberg) -- Treasuries fell the most in three
weeks after a private report showed companies in the U.S. added
more jobs last month than economists forecast, reducing the
likelihood of a cut in borrowing costs by the Federal Reserve.
Investors also sold government debt after the U.K. reduced
its terror alert and the U.S. Independence Day holiday passed
without incident, easing demand for the safety of government
debt. 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
weeks after a private report showed companies in the U.S. added
more jobs last month than economists forecast, reducing the
likelihood of a cut in borrowing costs by the Federal Reserve.
Investors also sold government debt after the U.K. reduced
its terror alert and the U.S. Independence Day holiday passed
without incident, easing demand for the safety of government
debt. 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
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