Treasurys remained higher on Wednesday, sending yields lower, after the ADP Employment Services report said private companies cut 522,000 jobs in January. Two-year note yields declined by 6 basis points to 0.92%. The report comes two days before the government's broader jobs report, which some analysts expect to show the economy lost 525,000 jobs last month. Gains may be limited before the Treasury Department says how much in debt it plans to auction next week. Also at 10 a.m. Eastern time, the Institute for Supply Management's survey on service sectors of the economy is due.
