Treasury yields reverse six days of declines as May payrolls data lowers Fed rate-cut expectations

June 7, 2024

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Investors aggressively sold off U.S. government debt on Friday, sending Treasury yields soaring for the first time in seven trading sessions, after a stronger-than-expected official jobs report for May.

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Gold suffers a ’double whammy’: strong U.S. jobs growth and pause in China buying

Treasury yields reverse six days of declines as May payrolls data lowers Fed rate-cut expectations

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