(Reuters) - NEW YORK, July 6 - U.S. Treasury debt prices fell
on Friday after stronger-than-expected June non-farm payrolls
dashed any lingering expectations of a cut in benchmark
interest rates from the Federal Reserve anytime soon.
In addition to June payrolls being stronger than expected,
the government also sharply revised higher the numbers for
April and May payrolls, adding to the pressure on bond prices.
Click on [ID:nL06351583] for details.
Read more at Reuters.com Bonds News
on Friday after stronger-than-expected June non-farm payrolls
dashed any lingering expectations of a cut in benchmark
interest rates from the Federal Reserve anytime soon.
In addition to June payrolls being stronger than expected,
the government also sharply revised higher the numbers for
April and May payrolls, adding to the pressure on bond prices.
Click on [ID:nL06351583] for details.
Read more at Reuters.com Bonds News
No comments:
Post a Comment