(Bloomberg) -- U.S. Treasuries rose for the first time in four days after a government report showed job creation and wage growth slowed in April.
The Labor Department data bolstered the view that economic growth and inflation are slowing, led by declines in housing and business investment. Yields, which move inversely to prices, declined as traders stepped up bets the Federal Reserve will cut interest rates this year after raising them from 2004 to 2006.
Read more at Bloomberg Bonds News
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