(Bloomberg) -- Treasuries fell, pushing 10-year note yields higher for a third day, as a report showed initial claims for unemployment benefits fell last week, reducing haven demand.

U.S. government securities extended losses after European Central Bank President Mario Draghi signaled officials will wait until March before deciding whether to cut interest rates. Yields advanced earlier before a report tomorrow that’s forecast to show the U.S. added jobs last month, boosting the case for the Federal Reserve to keep trimming bond purchases. The U.S. is scheduled to auction $70 billion in notes and bonds next week.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access