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MW:Treasury prices slide on ADP payrolls strength
 
By Ben Eisen

NEW YORK (MarketWatch) -- Treasury prices fell on Wednesday after Automatic Data Processing Inc. said the economy added 200,000 jobs in July, pushing yields higher to start a day filled with economic news. The benchmark 10-year note 10_YEAR +0.92% yield rose 5.5 basis points on the day to 2.667%, while the 30-year bond 30_YEAR +0.14% yield rose 3.5 basis points to 3.722%. The 5-year note 5_YEAR +1.36% yield rose 5.5 basis points to 1.451%. The market will also watch for the GDP report at 8:30 a.m. Eastern, and a statement from the Federal Open Market Committee at 2 p.m.
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