(Bloomberg) -- Treasuries fell for the first time in five days as the U.S. prepared to sell $21 billion of 10-year notes an hour before the minutes of the Federal Reserve’s last policy meeting are released.
The securities yielded 2.71 percent in trading before the 1 p.m. auction, compared with the 2.73 percent high yield at the last government sale on March 12. Treasuries have rallied since the March employment report released April 4 showed the U.S. added fewer jobs than forecast, easing concern the Fed would accelerate its winding down of monetary stimulus.
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