Wednesday, February 1, 2017

TREASURIES-Yields jump on strong jobs data, before Fed

* ADP jobs data beats expectations

* Fed meeting statement in focus

* Treasury to sell $62 bln notes, bonds next week

By Karen Brettell

NEW YORK, Feb 1 (Reuters) - U.S. Treasury yields jumped on

Wednesday after data from payrolls processor ADP showed

stronger-than-expected jobs gains in January, raising

expectations that Friday's closely watched government employment

report will also show strong growth.

U.S. private employers added 246,000 jobs in January, ADP

said, higher t

Read more

No comments:

Post a Comment