Treasurys sell off sharply following the strong ADP report. Yields are higher across the curve,...

|By:, SA News Editor
Treasurys sell off sharply following the strong ADP report. Yields are higher across the curve, with gains ranging from 3.9 bps in the 30-year to 7.9 bps in the five-year."It was a very strong report, and many people including European-based hedge funds are selling bonds," the head of a trading desk says.