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Treasurys extend losses amid improving employment

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Treasurys extended losses after employers added more jobs in April than forecast, boosting the outlook for growth and trimming demand for refuge.

U.S. 10-year notes yields reached a one-week high as the U.S. employment rate unexpectedly fell to 7.5%, a four-year low.

The benchmark 10-year note yield rose seven basis points, or 0.07 percentage point, to 1.70%.

Source: Bloomberg
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