Watch Bond Traders Look to US Jobs Report for Fed Rate
Summary by News Ghana
4 Articles
4 Articles
All
Left
1
Center
Right
Robust US Jobs Data Dashes Summer Rate Cut Hopes
News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://newsghana.com.gh/robust-us-jobs-data-dashes-summer-rate-cut-hopes/The stronger-than-expected US jobs report for May has effectively eliminated prospects of Federal Reserve interest rate cuts this summer, according to deVere Group CEO Nigel Green. The economy added 139,000 jobs—surpassing the 125,000 consensus forecast—prompting stock futures to rise and Treasury yield…
A surprisingly solid US labor market report sparked moves in the bond market on Friday.
Coverage Details
Total News Sources4
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage