bond yields and ten years were near the highest since July before a government report

bond yields and ten years were near the highest since July before a government report is forecast to show U.S. employers added jobs for the second consecutive month.

ten-year notes headed for a weekly loss of global stocks gained and economists said the separate figures today showed the service industries, representing almost 90 percent of the economy, grew at the fastest rate fastest since May. The Federal Reserve is set to buy $ 6 billion to $ 8 billion of treasury bonds from 2013 to 2014 today as part of its plan to stimulate the economy.

"The market focus is largely on non-farm payrolls and ISM data," said Michael Leister, a bond analyst at WestLB AG in Dusseldorf, Germany. "The positive data have been the trigger for the sell-off in rates in the U.S. number is now possible to add to evidence that growth is accelerating, and that should support risk appetite."

benchmark yields to 10 years were little changed at 2.99 percent as of 10:21 am in London, according to BGCantor Market Data. The guarantee of 2,625 percent, maturing in November 2020 was quoted at a price of 96 28/32. Yields rose to 3.03 percent yesterday, the highest since July 29.

Yields end of June to 2.78 percent, according to a survey of banks and securities firms, with the most recent forecasts given the highest weighting.

U.S. employers added 150,000 workers last month after hiring 151,000 in October, according to the median forecast of economists surveyed by us. The progress has not been large enough to reduce unemployment, which held at 9.6 percent, according to a separate survey.

Bernanke's comments

Data from the Institute for Supply Management today showed that its nonmanufacturing index rose to 54.8 last month, according to another survey. It depends from 54.3 in October and the highest level since May. A reading over 50 signals growth.

Fed chairman, Ben S. Bernanke said Nov. 30 that the economy is not growing fast enough to substantially reduce the unemployment rate "and the rate is" almost the same as it was when the recession officially ended. "

The decline in Treasuries may be limited after the Federal Reserve Bank of Cleveland Sandra Pianalto, president said inflation is likely "to remain quite moderate until 2013." He spoke yesterday in Oberlin, Ohio. The measure of inflation rose 0.6 percent in October from the previous year, at least in the record, the Labor Department show.

The figure was reduced to 0.2 percent in the second half of 2011, according to BNP Paribas, one of the 18 primary dealers required to bid in the sale of government debt.

Housing Recovery

Treasury bonds still headed for a weekly loss, with 10-year yields increased about 13 basis points, after a private report yesterday showed a rebound in the housing market.

"Bonds are a little weaker," said Satoshi Okumoto, a general manager in Tokyo at fukoku Mutual Life Insurance Co., which has the equivalent of 66.8 billion U.S. dollars in assets. "We've seen economic data better than expected." Ten-year yields will rise to 3.25 percent on June 30, said.

reference yield rose four basis points, or 0.04 percentage points, after the employment report before the November 5, when payrolls exceeded all forecasts in a survey.

Treasuries investors came to hand a loss of 0.7 percent last month, the steepest drop since March, according to Bank of America Merrill Lynch data.