Yields and dollar rise as stocks fall after strong U.S. jobs report
Treasury yields and the dollar rose while stocks fell after stronger-than-expected U.S. job growth increased bets on a September Federal Reserve interest rate hike.
By Caroline ValetkevitchTreasury yields and the dollar rose, while stocks fell on Friday after stronger-than-expected U.S. job growth data boosted bets on a September interest rate hike by the Federal Reserve.All three of the major U.S. stock indexes ended lower in a broad selloff ahead of a three…