Treasury Yield Surges as Jobs Data, Oil Tensions CollideTreasury Yield Surges as Jobs Data, Oil Tensions CollideTreasury Yield Surges as Jobs Data, Oil Tensions Collide
Treasury yields jumped last week as a stronger-than-expected August jobs report collided with fresh Middle East oil shocks. The 10-year note approached 4.82% intraday, according to T. Rowe Price’s Global Markets Weekly Update. The combination left fixed income markets bracing for a shift in Federal Reserve policy. Key Takeaways: August payrolls jumped by 162,000, tripling […]
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