2-year Treasury yield jumps by most since March after U.S. jobs report
Treasury yields jumped on Friday after April's U.S. jobs report showed a sharp rise in wages and a stronger-than-expected 253,000 new jobs created.
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Treasury yields jumped on Friday after April's U.S. jobs report showed a sharp rise in wages and a stronger-than-expected 253,000 new jobs created.
The policy-sensitive 2-year yield falls to its lowest in almost eight months, a day after the Federal Reserve's 10th straight rate hike.
Treasury yields finish mostly lower as investors interpret the Fed's policy statement and remarks by Chairman Jerome as suggesting a willingness to pause.
Most Treasury yields finish lower as investors weighed the risks of additional banking-sector fallout and after March data showed U.S. job openings fell.
Treasury yields finish higher on Monday as investors prepare for another quarter-point rate increase by the Federal Reserve in two days.
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