Jobs Report Boosts Treasury Yields and S&P 500 Futures
TL;DR Summary
US government bond prices fell, pushing yields higher, after the latest jobs numbers suggested that there remains substantial demand for workers despite some recent signs of a weakening economy. The yield on the benchmark 10-year US Treasury note settled at 3.382%, compared with 3.318% just before the report was released and 3.288% Thursday. Some investors believe that the Federal Reserve could raise rates by 0.25 percentage point at its next meeting in May.
- Treasury Yields Climb After Strong Jobs Report The Wall Street Journal
- US Hiring Moderates, Unemployment Falls in Mixed Signal for Fed Bloomberg
- S&P 500 futures and Treasury yields gain on Friday as March labor report shows resilient economy CNBC
- U.S. yields and dollar climb after jobs report By Reuters Investing.com
- Fed Traders Eye CPI After Jobs Data Boost Odds of a May Hike - Bloomberg Bloomberg
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