Treasuries slump as hot inflation lifts Fed rate-hike bets
Traders priced in a roughly coin-toss probability that the U.S. central bank boosts rates at its October meeting after consumer prices advanced at the fastest pace in five months.
Employment data
U.S. bond traders pull back on Fed hike bets after weak jobs data
Treasuries rose on Friday after the US added fewer jobs than expected in September and unemployment edged higher, pushing the yield on two-year notes lower by as much as 10 basis points to 4.69%.
Hiring slows down significantly in September
The economy added just 29,000 jobs in September, far below economists expectations, though the unemployment rate remained steady, indicating softening in the labor market.
US added 57,000 jobs in June; Fed outlook muddied
The Bureau of Labor Statistics report showed the labor force continued to expand but at a weaker rate than in recent months. The development weakens the case for a near-term rate hike.
Bond trader bets on Fed hike poised for gut check from jobs data
Beyond developments in the Middle East, a big focus will be Friday's release of monthly employment figures, which are projected to show the labor market remained resilient in May.
Economy added 115,000 jobs in April despite mixed signals
Employers hired an additional 115,000 workers in April, while unemployment remained unchanged at 4.3%. Despite the positive headline figure, a spike in newly unemployed workers and a rising number of underemployed workers suggests instability under the surface.
Bond traders no longer price in any chance of Fed cut in 2026
Yields in Europe and the US climbed across maturities, with those on two-year US Treasuries — especially sensitive to expectations for Fed policy — higher by 11 basis points to 3.89%.
Treasuries slump as strong US labor data resets Fed-cut bets
Traders are now pricing in the Fed's next rate reduction in July, after the term of current Chair Jerome Powell ends in May.
US adds 130,000 jobs in January; unemployment rate falls
The Bureau of Labor Statistics issued its delayed January employment report Wednesday morning, showing the economy added 130,000 jobs in January. But the agency also sharply revised its estimates for total jobs created in 2025 to 181,000 from 584,000.
Treasuries rally as bleak jobs spur Fed-cut bets: markets wrap
Investors have turned to private readings such as the Challenger, Gray & Christmas Inc. report showing companies announced the most job cuts for any October in over 20 years.
Treasuries set to fall, oil prices surge ahead of inflation report
Traders are shifting their focus to Friday's release of the consumer price index, the first real glimpse on the state of the economy since the start of the US government shutdown.
Treasuries rise on signs government shutdown is hurting economy
While the shutdown has delayed the release of federally-compiled statistics, economists at Citigroup Inc. and Goldman Sachs Group said state-level data suggested initial jobless claims increased last week.
The echoes of 2007 are starting to become louder: credit weekly
But even if global financial crisis 2.0 doesn't come, investors may well be in for a rough ride in the coming months as frothy financial markets come to terms with a cyclical slowdown.
Traders lock in Fed bets, boosting Treasuries for fourth week
The yield on US 10-year debt edged two basis point higher to 4.04% after falling to a five-month low Thursday, but still remained on course for a fourth week of declines.
Treasury investors ramp up bullish positions before CPI data
In SOFR options, which closely track the Fed's policy path, a number of large positions have emerged that look to benefit from an outsized cut of 50 basis points at next week's meeting.
U.S. Treasuries extend gains as traders turn focus to inflation
The attention will now turn to reports on producer prices and consumer prices, due Wednesday and Thursday, for signals of how quickly the Federal Reserve will lower borrowing costs.
US Treasuries slip as traders trim rate-cut bets ahead of Powell
Traders were watching a slew of data on a bigger-than-expected increased in jobless claims and expanded manufacturing Thursday.
Companies squeeze in more bond sales before summer lull sets in
Oneok plans to sell three-part, dollar-denominated senior unsecured notes while BMW is looking to price dollar-denominated debt in a four-tranche offering.
Treasuries drop as strong jobs data curb bets on Fed rate cuts
Interest-rate swaps showed traders now see a roughly 70% chance of a quarter-point rate cut by September. Fewer than two rate cuts are fully priced in for the year.
U.S. payroll gain of 177,000 shows uncertainty yet to dent hiring
The labor market continues to cool gradually, a sign that businesses facing heightened uncertainty and turmoil didn't significantly alter their hiring plans.
Load More
Couldn’t load more articles. Try again.