Markets & Finance

Bonds Lower


Bonds opened softer and never really looked back Friday after the release of nonfarm payroll data, according to Informa. Nonfarm payroll rose 146,000 and the rate dipped to a four-year low of 5% in June. The employment data shows signs of a strengthening economy keeping the Fed in the picture. The yield on the 10-year Treausyr rose to 4.11%.

Traders are bracing for next week's heavy economic calendar, including trade, retail sales, inflation, and production data, along with 5-year and TIPS supply, according to S&P's MarketScope. European bonds finished day little changed after scoring modest gains yesterday on flight to safety from London bombings.


Steve Ballmer, Power Forward
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