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Reply #31: Treasuries fall as data support rate rise forecasts [View All]

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RawMaterials Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-07-05 09:39 AM
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31. Treasuries fall as data support rate rise forecasts
US Treasury bond prices wobbled violently around the release of monthly US employment data but settled down to trade weaker as investors concluded the firm rise in job creation would allow the Federal Reserve to continue raising interest rates.

Non-farm payrolls rose by 157,000 in December, slightly less than economists had forecast, but the figure was boosted by upwards revisions, worth 34,000 jobs, to the previously stated October and November readings.

http://news.ft.com/cms/s/80248492-609f-11d9-af5a-00000e2511c8.html
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