The first enhance may come as soon as subsequent month, policymakers signaled in late January. That jobs quantity vastly beat expectations and bonds immediately reacted. Treasury notes jumped greater to 1.ninety p.c, the highest Carrer News since December 2019. As Jeanna said, the wage information (+5.7 % year over year) sets up fee hikes. Two-year U.S. yields are up nine basis points, to 1.29 %, a level not seen since Feb. 2020.

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