US Treasuries rallied after July employment data showed employers unexpectedly cut jobs, signaling weakening labor demand. The slowdown is raising expectations the Federal Reserve may be less willing to hike rates. The move is supportive for bond prices via lower expected yields.
US Treasuries rallied after July employment data showed employers unexpectedly cut jobs, signaling weakening labor demand. The slowdown is raising expectations the Federal Reserve may be less willing to hike rates. The move is supportive for bond prices via lower expected yields.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.12
Ticker Sentiment
