Bonds rally again on negative US jobs surprise

Alice Rigby
clock

The US economy added 142,000 jobs in August, well under the forecast 230,000 figure, according to latest figures which have prompted a fresh rally in US treasuries.

The Bureau for Labor Statistics said 142,000 nonfarm payrolls added in August, compared to an average of 212,000 in the 12 months prior. There was also disappointment on the revisions front, with June's...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Trustpilot