March 06, 2013 at 17:35 PM EST
Strong ADP Jobs Data Lift Bond Yields 4 Basis Points
Treasury 10-year note yields rose the most in three weeks after ADP Research Institute said companies added more jobs than forecast last month, spurring bets U.S. nonfarm labor data will show stronger hiring. U.S. government securities fell for a third day as the Federal Reserve's beige book business survey said the economy expanded at a modest to moderate pace across most of the country. Fed Chairman Ben Bernanke and Vice Chairman Janet Yellen
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