(Reuters) - NEW YORK, July 6 - U.S. Treasury debt prices fell
on Friday, pushing yields to two-week highs, after strong jobs
data dashed some of the last remaining expectations that the
Federal Reserve would cut interest rates this year.
Unexpectedly robust job growth in June and upward revisions
to figures for April and May added to recent downward pressure
on bonds. Based on the rise in benchmark yields, the market was
nearing its biggest week of losses in just over a year.
Read more at Reuters.com Bonds News
on Friday, pushing yields to two-week highs, after strong jobs
data dashed some of the last remaining expectations that the
Federal Reserve would cut interest rates this year.
Unexpectedly robust job growth in June and upward revisions
to figures for April and May added to recent downward pressure
on bonds. Based on the rise in benchmark yields, the market was
nearing its biggest week of losses in just over a year.
Read more at Reuters.com Bonds News
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