Treasury yields fall as investor focus turns to ADP employment report

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Treasury yields fall as investor focus turns to ADP employment report
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U.S. Treasury yields fell early on Wednesday, with investor attention turning to ADP's latest employment change report.

moved 2 basis points lower to 2.0988%. Yields move inversely to prices and 1 basis point is equal to 0.01%.Private payroll services firm ADP is set to release its January employment change report at 8:15 a.m. ET.

of 807,000 private payrolls, according to ADP.in December, more than 4.6 million above the total unemployment level. Meanwhile, the so-called "quits" level declined in December, indicating a slowdown in what has become known as the Great Resignation.

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