Treasury Yields Rebound Ahead of Jobs Report That Could Influence Fed Rate Cut Timing
• Ten-year Treasury yields rise from 3-month lows ahead of jobs data this week • Traders expect Fed to cut rates as soon as March following dovish comments • Focus is on Friday's jobs report for November, expected to show 185,000 added jobs • Yields dropped last week after Fed official nodded to possible rate cuts in months • Banks have increased bond holdings over past month after previous large reductions