Treasury yields leap after much hotter jobs report than expected
Publishing timestamp: 2023-02-03 08:51:32
Summary
Treasury yields rose on Friday after jobs data came in much better than expected. Nonfarm payrolls increased by 517000 for January, and the unemployment rate fell to 3.4%. The Fed increased interest rates by 25 basis points at its latest meeting on Wednesday, but also said it was starting to see slight slowdown of inflation.
Sentiment: POSITIVE
Keywords: treasury bills, central banking, treasury notes, bonds, business news, interest rates, monetary policy, economic events, inflation, federal reserve bank, u.s. treasury bonds, u.s. 2 year treasury, breaking news: markets, u.s. 10 year treasury, economic outlook,
Source: https://www.cnbc.com/2023/02/03/us-treasury-yields-investors-await-key-labor-market-data.html