Treasuries Struggle as Job Data Supports Fed's Interest Rate Stance

Reported about 8 hours ago

US government bonds continued to decline after a mixed jobs report reinforced expectations that the Federal Reserve will maintain current interest rates. The employment data showed a smaller-than-expected increase in nonfarm payrolls but revisions pointed to stronger prior gains. Analysts suggest that the Fed is likely to approach upcoming economic data cautiously, and market forecasts for potential rate cuts have been pushed back.

Source: YAHOO

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