RTRS: TREASURIES-US bonds pare gains after private jobs data
U.S. Treasury debt prices pared some gains on Wednesday, after data showed a slightly smaller-than-expected loss of private sector jobs in January.
The benchmark 10-year Treasury note's price, which moves inversely to its yield, traded up 10/32 for a yield of 2.85 percent , versus 2.84 percent just before the data and versus 2.89 percent late Tuesday.
The ADP private sector employment data showed a loss of 522,000 jobs in January, just below economists' median forecast for a loss of 530,000.