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.
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Short-term Treasury yields rise after stronger-than-expected jobs report
A hotter-than-expected U.S. jobs report is lifting short-term Treasury yields, weighing on U.S. stocks and pushing short-term bond prices lower as traders increase bets on a Federal Reserve rate hike this month.
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.