Monetary Policy & Inflation | US
Yields Surge as US Payrolls Far Exceed Expectations
- By Dalvir Mandara and Bilal Hafeez
- 2 min read
US treasury yields increased last week as an unexpectedly strong US jobs report strengthened the case for more tightening from the Federal Reserve (Fed). Nonfarm payrolls increased by 336k in September against expectations of 170k.
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