Treasury yields spike as US smashes November jobs forecast

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The US economy added 321,000 jobs last month, a figure well above the 230,000 rise that had been forecast and one which will bring forward expectations of a US rate hike.

The US Bureau of Economic Analysis also revised up October and September figures by 29,000 and 15,000 respectively, while the unemployment rate remained stable at 6.8%. Hourly earnings also showed a...

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