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Treasury Yields Jolt Higher On Jobs Report

Friday, November 8, 2013 - 10:13 AM
A robust jobs report caught the Treasury market by surprise, sending benchmark yields sharply higher as investors pulled forward expectations of when the Federal Reserve could start scaling back its bond purchase program.

http://www.marketwatch.com/story/treasury-yields-jolt-higher-on-jobs-report-2013-11-08
5
ShorebreakShorebreak2,608 posts since
Apr 6, 2010
Rep Points: 14,135
1. Friday, November 8, 2013 - 7:19 PM
"...it is fanciful to suggest that one better-than-expected jobs report will persuade the Federal Reserve to change course and start withdrawing some of its monetary stimulus."

Has the U.S. Economy Been Permanently Damaged? : The New Yorker
4
ShorebreakShorebreak2,608 posts since
Apr 6, 2010
Rep Points: 14,135
2. Saturday, November 9, 2013 - 2:44 PM
This New Yorker article is providing the ammunition for Yellen to keep these accomodative monetary polices in place for a long time.
4
loulou543 posts since
Aug 3, 2010
Rep Points: 3,395
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