Daily Market Updates: Hotter-than-expected jobs report could lift Treasury yields

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Hotter-than-expected jobs report could lift Treasury yields

Reported · Written up by our desk · Economy

MarketWatch says an upcoming jobs report could push 10-year and 30-year Treasury yields higher if hiring data comes in hotter than expected.

The outlet also points to the possibility that a strong jobs reading could increase pressure on the Federal Reserve to raise interest rates again in October.

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Sources

MarketWatchWhy the upcoming jobs report could send 10-year and 30-year Treasury yields surging

Bonds & Rates

Hotter-than-expected jobs report could lift Treasury yields

More like this

Sources

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