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.
U.S. Treasury yields jumped after much stronger-than-expected August employment data increased expectations that the Federal Reserve could raise rates at its Sept. 16 meeting. The U.S.
created 162,000 jobs in August, about three times the 53,000 analysts had forecast in The Wall…