10-year Treasury yield rises after strong U.S. jobs report
Publishing timestamp: 2023-10-06 13:25:28
Summary
The article discusses how U.S. Treasury yields rose after better-than-expected jobs data. The yield on the 10-year Treasury reached a 16-year high before easing slightly. Nonfarm payrolls increased more than economists anticipated, but wage growth was modest. The report comes as policymakers assess Federal Reserve rates, with expectations that rates will stay higher for longer.
Sentiment: NEUTRAL
Keywords: government debt, personnel, labor economy, bonds, economy, treasury bills, u.s. 10 year treasury, u.s. 2 year treasury, economic events, united states, jobs, prices, markets, business news, breaking news: markets, u.s. economy, u.s. treasury bonds, economic outlook, treasury notes, interest rates,
Source: https://www.cnbc.com/2023/10/06/us-treasury-yields-investors-look-to-september-jobs-report.html