Treasuries Edge Up as Investors Brace for US Payrolls Report

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Treasuries inched up before the US reports jobs data, with investors seeking to gauge the scope for interest-rate cuts next year.The two-year yield slipped to near its lowest in more than a week as investors bet a softening jobs market may convince the Federal Reserve to deliver more rate cuts in coming months. Non-farm payrolls are expected to show an increase of 50,000 jobs in November, and a weaker reading may bolster the case for more easing.
