(Reuters) - Spreads touched 155 basis points over Treasuries, the narrowest level on record according to JP Morgan's Emerging Markets Bond Index Plus benchmark.
On Friday the U.S. government reported a stronger-than-expected reading on March non-farm payrolls, suggesting that economic growth may not be slowing as much as originally thought, and dampened expectations the Federal Reserve will cut interest rates any time soon.
Read more at Reuters.com Bonds News
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