The Traderszone Network

Published in TZ Latest News 5 June, 2015 by The TZ Newswire Staff

Above-Forecast Job Gains Send Yields To 2015 Highs

A roar erupted across the Cantor Fitzgerald trading floor in midtown Manhattan after the stronger-than- forecast May employment report sent bond traders scampering. Treasuries tumbled, pushing 10-year yields to the highest since October, after the U.S. economy added more jobs than anticipated, fueling speculation the Federal Reserve may raise borrowing rates as soon as September.

read more