30-year briefly bursts through 5% for first time since late 2023
Friday's post-data selloff in the 30-year Treasury bond briefly sent its yield through 5% for the first time in more than a year. The long-dated rate has since pulled back a bit to 4.97% after rising ...
VIX climbs after U.S. jobs data stronger than Wall Street expected
The stock market’s so-called fear gauge was climbing Friday, as investors assessed a U.S. jobs report that was stronger than Wall Street anticipated. The Cboe Volatility Index, which trades under the ...
It may be 'a bit dangerous to put too much stock' in December payrolls data: economist
The hot December jobs report is undeniably jolting markets Friday morning, but investors might not want to go all in on the data given seasonal considerations and upcoming revisions, said Thomas ...
After hotter-than-expected jobs report, Fed funds futures show higher chance of Fed pausing rate cuts next few months
Friday’s hotter than expected jobs report spurred traders in the federal-funds futures markets to price in a higher probability that the Federal Reserve will maintain its benchmark interest rate at ...
Strong jobs report keeps Fed's focus more on inflation, economist says
The Federal Reserve has been "less focused on the job market recently," and today’s better-than-expected employment report ...
Former Trump adviser credits, guess who, for jobs growth
Joe Lavorgna, a veteran Wall Street economist who served in the first Trump administration as chief economist of the National Economic Council, said the election of his former boss helped buoy job ...
El-Erian: Jobs report shows U.S. keeps outperforming other nations, which need to get their act together
Prominent economist Mohamed El-Erian has described today's jobs report as confirming that the American economy “remains solid ...
Canada Readying List of Retaliatory Tariffs in Response to Possible 25% US Tariff, Sources Tell Bloomberg
-Canada is drawing up plans for extensive tariffs against U.S. products in the event President-elect Donald Trump follows through on his pledge to slap a 25% tariff on all Canadian imports, Bloomberg ...
Stocks and bonds slammed
It was a report as far from Goldilocks as possible -- the unemployment rate lower, and jobs growth much higher, than expected -- and the market responded accordingly: S&P 500 futures slumped by 1% as ...
Strong jobs report will trigger 'higher for longer' interest rates, economist says
Friday's surprisingly strong jobs report for December will likely keep the Federal Reserve from significant cuts to interest rates from here, according to Torsten Slok, Apollo Global Management's ...
Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending
The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.
Treasury yields jump after stronger-than-expected U.S. jobs report
Treasury yields were climbing Friday as investors weighed a jobs report that was stronger than Wall Street expected. The yield on the 10-year Treasury note was up about 10 basis points at around 4.78% ...