"US Jobs Report Sparks Rise in Treasury Yields, Shifting Market Expectations"
TL;DR Summary
Treasury yields rose as traders scaled back expectations for aggressive monetary policy easing by the Federal Reserve next year, following a better-than-expected jobs report. Benchmark two-year yields saw the largest increase in a day since June, while rates across different maturities also rose.
- Treasury Yields Rise as Fed Rate-Cut Expectations Ebb After US Jobs Report Bloomberg
- 10-year Treasury yield jumps as unemployment rate unexpectedly declines CNBC
- Bounce in Bond Yields Makes Sense After Jobs Data: Darda Bloomberg Television
- November Jobs Report: Bad for Bonds, Good for Stocks? RealMoney
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