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TREASURIES-Bonds climb as spending cuts point to weaker growth

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* February ISM manufacturing index forecast at 52.5 * Euro zone PMIs show growth in only two of 17 countries * Unemployment hits new high of 11.9 percent in euro zone * China PMI at five-month low * Fed will buy $45 bln in U.S. debt in March for QE By Ellen Freilich NEW YORK, March 1 (Reuters) - U.S. Treasuries prices rose on Friday as impending U.S. budget cuts and concern about economic weakness in Europe inspired a bid for safe-haven U.S. debt. Economists say $85 billion in automatic "sequestration" cuts to federal spending, on...

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