Treasury Yields Pause Selloff Ahead of Jobs Report
Treasury yields fell ahead of the September U.S. jobs report, with economists anticipating a slowdown in job creation. The Treasury also conducted a buyback of long-term bonds.
S. jobs report, which is expected to support the case for a slower pace of monetary tightening. Economists surveyed by WSJ expect job creation to slow to 84,000 from 162,000. The Treasury is buying back $6 billion in long-term bonds, above the prev…