(Reuters) - NEW YORK, June 1 - U.S. government debt prices
fell on Friday, sending benchmark yields to fresh nine-month
highs, after a strong jobs report all but dashed market
expectations for a Federal Reserve interest rate cut this
year.
In see-saw trade, the market initially posted small gains
as a muted core inflation reading briefly helped offset the
negative impact on bonds of higher-than-expected job creation
in the nonfarm payrolls report.
Read more at Reuters.com Bonds News
fell on Friday, sending benchmark yields to fresh nine-month
highs, after a strong jobs report all but dashed market
expectations for a Federal Reserve interest rate cut this
year.
In see-saw trade, the market initially posted small gains
as a muted core inflation reading briefly helped offset the
negative impact on bonds of higher-than-expected job creation
in the nonfarm payrolls report.
Read more at Reuters.com Bonds News
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