(Reuters) - An unexpectedly robust snapshot of the labor market released on Friday suggested the Federal Reserve would not consider reducing interest rates until at least the second half of the year, sending Treasuries sharply lower.
On Monday, the market seemed to have found a footing, with benchmark 10-year notes unchanged in price for a yield of 4.76 percent, just below the six-week high the yield hit on Friday.
Read more at Reuters.com Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment