(Bloomberg) -- Treasuries were little changed, erasing earlier declines, after an industry report showed the private sector created the fewest jobs in almost four years during April.
The report comes two days before the Labor Department's employment report for April, which also covers the public sector and is forecast to show job creation slowed in April. Bond investors are looking for evidence that a housing market slump is leading to a broad-based economic slowdown that may prompt the Federal Reserve to cut interest rates.
Read more at Bloomberg Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment