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10-year Treasury yield pops after September jobs report

Por: CNBC Business October 07, 2022

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Treasury yields surged on Friday as investors digested September jobs report and its indications about inflation and future Federal Reserve policy.The benchmark jumped 8 basis points to 3.904%. It has seen a volatile couple of weeks, falling below 3.6% briefly earlier in the week after surpassing the 4% mark last week.The yield on the policy sensitive rose 6 basis points to 4.31%. Yields and prices have an inverted relationship and one basis... + full article



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