Emerging-market bonds look attractive as they are likely to benefit from global economic growth, UBS Global Wealth Management strategists say in a note. Emerging-market economies also have a wealth of commodities which should support performance, the strategists say. Emerging-market bonds offer div…
CANBERA (dpa-AFX) - Sentiment in global markets improved as a sharply lower-than-expected payrolls data from the U.S. on Thursday morning caused markets to tone down fears of an immediate rate hike by the Federal Reserve.According to the CME FedWatch tool that tracks the expectations of interest ra…
By Chuck MikolajczakU.S. Treasury yields declined on Thursday, after a weaker-than-expected report on the labor market dented expectations for a rate hike by the Federal Reserve in the near future.The Labor Department said nonfarm payrolls increased by 57,000 jobs last month after a downwardly revi…
UK 10-year gilt yields gave up early gains to fall below 2.8% as weaker-than-expected US jobs data prompted investors to scale back expectations for further Federal Reserve rate hikes.The US economy added just 57,000 jobs last month, well below forecasts, while the unemployment rate unexpectedly fe…
Germany's 10-year Bund yield held above 2.9%, near a two-week high, as investors weighed weaker-than-expected US jobs data, softer Eurozone inflation, and reduced expectations for aggressive ECB rate hikes this year.The US economy added just 57,000 jobs last month, well below forecasts, while the u…
U.S. job growth slowed more than expected in June and data for the prior month was revised lower, but the unemployment rate fell to 4.2%, pointing to continued labor market stability.Nonfarm payrolls increased by 57,000 jobs last month after a downwardly revised 129,000 rise in May, the Labor Depar…
By Alun John and Stella QiuStocks and government bond prices rose on Thursday and the dollar dropped after data showed U.S. job growth slowed more than expected in June and numbers for the prior month were revised lower.Nonfarm payrolls increased by 57,000 jobs last month, after a downwardly revise…
Yields on U.K. government bonds, or gilts, turn lower along with U.S. Treasury yields after weaker-than-expected U.S. non-farm payrolls data. The data reduce the prospects of the U.S. Federal Reserve raising interest rates in the near term. The U.S. added 57,000 jobs in June, significantly less tha…
Federal Reserve policymakers have less reason to deliver an interest-rate hike later this month, traders bet on Thursday, after a government report showed the U.S. economy added far fewer jobs than expected in the last two months.Nonfarm payrolls increased by 57,000 jobs in June, the Labor Departme…
S&P 500 FUTURES STRENGTHEN SLIGHTLY, YIELDS SLIP, AFTER JOBS DATAS&P 500 futures have edged higher after the release of the latest labor market data.E-mini S&P 500 futures CME_MINI:ES1! are now up around 0.25% vs. a gain of about 0.15% just before the numbers came out.The June headline jobs number…
U.S. job growth slowed more than expected in June and data for the prior month was revised lower, but the unemployment rate fell to 4.2%, pointing to continued labor market stability.Nonfarm payrolls increased by 57,000 jobs last month after a downwardly revised 129,000 rise in May, the Labor Depar…
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt climbed.The loonie FX_IDC:USDCAD was trading 0.3% higher at C$1.4175 to the greenback, or 70.55 U.S. cents, after trading in a range of 1.4151 to 1.4224.Canadian government 10-year bond yi…
0855 ET - S&P futures are building onto earlier gains following weaker job creation in June. Non-farm payrolls grew by 57,000 last month,below the 115,000 economists polled by WSJ expected. May's payrolls were also revised down to 129,000 from 172,000. The jobless rate ticked down to 4.2% from 4.3…
0849 ET - Treasury yields and the dollar slide as the U.S. economy creates fewer jobs than expected in June. The BLS reports jobs growth at 57,000, lower than WSJ consensus of 115,000. May's figure is revised down to 129,000 from 172,000, and April's to 148,000 from 179,000. June's unemployment rat…
Treasury yields and the dollar slide as the U.S. economy creates fewer jobs than expected in June. The BLS reports jobs growth at 57,000, lower than WSJ consensus of 115,000. May's figure is revised down to 129,000 from 172,000, and April's to 148,000 from 179,000. June's unemployment rate ticks lo…
0849 ET - Treasury yields and the dollar slide as the U.S. economy creates fewer jobs than expected in June. The BLS reports jobs growth at 57,000, lower than WSJ consensus of 115,000. May's figure is revised down to 129,000 from 172,000, and April's to 148,000 from 179,000. June's unemployment rat…
The yield on the US 10-year Treasury note fell about 2 basis points to 4.46% on Thursday after a weaker-than-expected jobs report prompted investors to reduce bets on Federal Reserve rate hikes this year.The US economy added just 57K jobs in June, while payroll figures for April and May were revise…
By Sam GoldfarbTreasury yields have turned lower after a mixed payrolls report showed the economy added fewer-than-expected jobs last month.Yields had climbed in recent days amid growing optimism about the economic outlook. Thursday's report had its bright spots, with the unemployment rate dropping…
U.S. JUNE NONFARM PAYROLLS +57K M/M (VS +114K EXPECTED)
By Liam ProudThe Bank of England is pressing ahead with plans to limit hedge-fund leverage in a key funding market, the FT reported. So-called minimum repo haircuts of, say, 2% may reduce liquidity in normal times. But it would be worth it to reduce the odds of a disorderly crisis-era unwind.Full…
