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Lies, Damn Lies, Payroll Data

Por: Forbes Business February 04, 2023

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10-Year and 2-Year Treasury RateUniversal Value Advisors The big spike in the Payroll data (+517K) was out of kilter with what has been occurring in the rest of the economy and in other labor market data. Financial markets always shoot first and ask questions later, so, on Friday, equity markets fell and bond yields rose on the fear that the Fed would now have a great excuse to raise interest rates even further than what was already priced in.... + full article



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