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Treasury yields climb after jobs data beats expectations

Treasury yields are climbing following a hotter-than-expected jobs report, which analysts said raises the chances the Federal Reserve will lift short-term rates at its next meeting.

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By WSJ StaffTreasury yields are climbing after a hotter-than-expected jobs report that analysts said increases the chances the Federal Reserve will lift short-term rates at its next meeting.The 2-year yield, which often rises and falls with traders' expectations for short-term rates set by the cent…