Treasurys fluctuated as a decline in jobless-benefit claims before a report Friday on May payrolls intensified speculation about the Federal Reserve’s path on monetary stimulus, Bloomberg writes.

Ten-year note yields advanced earlier from almost a one-week low as safety demand ebbed after European Central Bank President Mario Draghi said euro-region growth should stabilize at a subdued pace. The Labor Department will say tomorrow that U.S. nonfarm payrolls increased by 165,000 in May, according to a Bloomberg survey.