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TLH - Treasury yields spike on hotter-than-expected payroll growth
iShares 10-20 Year Treasury Bond
2024-06-07 09:34:32 ET
U.S. Treasury yields rocketed higher on Friday morning after the government's latest employment report showed stronger-than-expected job growth in May. While the unemployment rate ticked up for the month, yields climbed as traders adjusted their expectations about when the Federal Reserve will cut interest rates....