Treasury yields rise as Fed rate-hike bets increase on stronger jobs
U.S. Treasury yields jumped after August employment data came in significantly stronger than expected, lifting expectations for a Federal Reserve rate hike at the Sept. 16 meeting. Jobs rose to 162,000 versus 53,000 forecast.
By Emese BarthaU.S.
Treasury yields jump after significantly stronger-than-expected employment data for August lifted expectations of a Federal Reserve rate hike at the Sept.
16 meeting.The U.S. created 162,000 jobs in August, approximately three times the 53,000 that analysts forecasts in The Wall…