TREASURIES-Stronger wages keep yields afloat despite slower August jobs growth
U.S. Treasury yields were
little moved on Friday by the Labor Department report that job
growth slowed more than expected in August, as the employment
figures were cushioned by strong wage gains which should support
consumer spending and keep the economy expanding moderately amid
rising threats from trade tensions.
little moved on Friday by the Labor Department report that job
growth slowed more than expected in August, as the employment
figures 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