ET, the yield on the 10-year Treasury was higher by nearly three basis points to 4.2478%. Meanwhile, the 2-year Treasury yield rose by more than one basis point to 4.1814%. U.S. Treasury yields were higher on Wednesday as investors awaited further labor data due this week. Investors are expecting more labor data this week with the ADP Employment Change report for November due to be published on Wednesday. Investors are keenly awaiting the November jobs report which will be published on Friday — the key economic release due this week.

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Persons: Dow Jones, It's, Jerome Powell, Michael Barnier Organizations: Treasury, U.S, ADP, Federal Locations: U.S, New York