U.S. Treasury yields rise after strong jobs report; inflation eyed
U.S. Treasury yields rose on Friday after a surprisingly strong U.S. employment report boosted bets on tighter Federal Reserve policy, though investors stepped back as they prepared for inflation data next week.
By Burton FriersonU.S.
Treasury yields rose on Friday after a surprisingly strong U.S. employment report led investors to increase bets on tighter policy from the Federal Reserve, thought they came off their highs as market participants prepared for inflation data next week.Nonfarm payrolls surged…