US bonds fall after Thursday’s rally

NEW YORK: US Treasuries fell on Friday, pushing yields higher, after the world’s largest economy created far more jobs than expected last month, bolstering expectations the Federal Reserve will raise interest rates at the December policy meeting. Friday’s decline in Treasury prices followed a safe-haven rally on Thursday, spurred by a tech-stock meltdown that pushed the Nasdaq to its biggest…

First reported by Business Recorder 56 min ago1 source

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Business Recorder23:4656 min ago
US bonds fall after Thursday’s rally (opens Business Recorder in a new tab)
NEW YORK: US Treasuries fell on Friday, pushing yields higher, after the world’s largest economy created far more jobs than expected last month, bolstering expectations the Federal Reserve will raise interest rates at the December policy meeting. Friday’s…

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