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- ^TNXAssociated Press•22 hours ago
NEW YORK (AP) — Investors made a small move back to safer assets Friday afternoon after the government's November jobs report showed continued hiring, but weak wages.
- ^TNXReuters•22 hours ago
Bond yields fell on Friday as solid U.S. jobs data reinforced the view that the Federal Reserve would raise interest rates gradually, while stock and currency markets were cautious ahead of an Italian constitutional reform vote on Sunday. The strength of the U.S. November payrolls report had been seen as critical for the Fed to lift rates again for the first time in nearly a year. The U.S. unemployment rate slipped to 4.6 percent last month, its lowest in more than nine years, but wages unexpectedly fell 0.1 percent, dashing expectations of faster growth in household income that would fire up inflation.
- ^TNXReuters•23 hours ago
More speculators turned bearish on U.S. 10-year Treasury note futures on a renewed view that inflation would accelerate under the economic policies of a Trump administration, according to Commodity Futures ...