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home / news releases / TLH - Treasury yields spike on hotter-than-expected payroll growth


TLH - Treasury yields spike on hotter-than-expected payroll growth

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....

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Treasury yields spike on hotter-than-expected payroll growth
Stock Information

Company Name: iShares 10-20 Year Treasury Bond
Stock Symbol: TLH
Market: NYSE

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