U.S. yields rise, dollar slips in Europe on rate-hike odds
U.S. Treasury yields rose in European trade as oil prices increased and the likelihood of a rate hike next week improved after stronger-than-expected jobs data.
S. Treasury yields rose, with traders pointing to higher oil prices and growing odds of a rate hike next week after recent stronger-than-expected jobs data. In Europe, the dollar slipped as markets adjusted to the shift in rate-hike expectations. "Even if we do not believe there will be a hike next week, we still think the current pricing (with close to even odds between a hike an…"