NEW YORK Aug 1 U.S. Treasuries extended early
losses on Wednesday after the ADP National Employment Report
showed higher-than-forecast private sector job growth in July.
The benchmark 10-year Treasury note, down 5/32
before the report, was down 7/32 afterwards, its yield rising to
1.49 percent from 1.47 percent late on Tuesday.
The 30-year Treasury bond, down 13/32 in early
dealings, was down 20/32 after the report, its yield rising to
2.57 percent from 2.55 percent late on Tuesday.
The ADP national employment report showed private sector
U.S. employment rose by 163,000 jobs in July, more than the
120,000 new jobs economists had forecast.