December 07, 2012 at 17:21 PM EST
Jobs Data, Looming Supply Dent Bond Prices, Lift Yields
Treasuries fell Friday after stronger-than-expected U.S. job growth pushed investors into riskier assets at the expense of safe-haven U.S. government debt. Traders also took some profits after three straight days of gains, making room for new securities the Treasury will auction next week. The Labor Department reported that 146,000 jobs were created in November, contradicting forecasts for a sharp pullback related to Superstorm Sandy. But although
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