TREASURIES-Slow jobs growth knocks yields lower, but strong wages cushion blow
U.S. Treasury yields fell on
Friday following the Labor Department’s report showing job
growth slowed more than expected in August, but losses were
cushioned by strong wage gains, which should support consumer
spending and keep the economy expanding moderately amid rising
threats from trade tensions.
Friday following the Labor Department’s report showing job
growth slowed more than expected in August, but losses were
cushioned by strong wage gains, which should support consumer
spending and keep the economy expanding moderately amid rising
threats from trade tensions.
Posted by Reuters