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Euro zone yields spike to multi-month highs after strong US jobs data
Updates in late European trading Jan 10 (Reuters) - Euro zone government bond yields spiked to new multi-month highs on Friday after data showed the U.S. economy added far more jobs than expected in December, casting further doubt on the number of Federal Reserve rate cuts this year.Bond yields a...Reuters
Jan 10, 2025
Fed's Goolsbee: No sign economy is overheating despite strong jobs numbers
WASHINGTON, Jan 10 (Reuters) - There is no evidence the U.S. economy is overheating again despite a blowout December jobs report, Chicago Fed president Austan Goolsbee said Friday, adding he still expects it will be appropriate to lower interest rates further."Is there evidence of overheating of the...Reuters
Jan 10, 2025
Fed's Goolsbee: Rates should go down if conditions are stable and there is no uptick in inflation
In an interview with CNBC on Friday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said if conditions are stable and there is no uptick in inflation, with full employment, rates should go down, per Reuters.Fxstreet
Jan 10, 2025
TREASURIES-US yields jump as jobs gains beat expectations
Updated in New York morning timeBy Karen Brettell Jan 10 (Reuters) - Longer-dated U.S. Treasury yields jumped to their highest levels since November 2023 on Friday after data showed employers added 256,000 jobs in December, far surpassing economists’ expectations, while the unemployment rate fell...Reuters
Jan 10, 2025
CORRECTED-TREASURIES-US yields jump as jobs gains beat expectations
Adds dropped words in sixth paragraphBy Karen Brettell Jan 10 (Reuters) - Longer-dated U.S. Treasury yields jumped to their highest levels since November 2023 on Friday after data showed employers added 256,000 jobs in December, far surpassing economists’ expectations, while the unemployment rate...Reuters
Jan 10, 2025
UK gilt selloff triggers pension cash calls in first big test since 2022 crisis
Yield on 30-year UK government bonds hit 26-year high on Friday Some UK pension funds told to come up with more cash for hedgingUK pensions market faces first big test since 2022 'mini-budget'BlackRock note says market moves to hit collateral resilienceBy Carolyn Cohn and Iain Withers LONDON, Jan...Reuters
Jan 10, 2025
Big upside in December U.S. payrolls cements a Fed hold this month – RBC Economics
U.S. labor market data continue to show strength towards the end of last year, in line with job openings data that turned around to rise consecutively in October and November, RBC Economics’ economists note.Fxstreet
Jan 10, 2025
UPDATE 3-Canada's robust December job report shrinks rate cut bets
Economy adds 90,900 jobs in December, highest since Jan'23Unemployment rate falls to 6.7%, defying expectationsMarket reduces rate cut bets from 70% to roughly 61%8.8% of local workers rely on U.S. demand for Canadian exportsAdds economists' comments, context in paragraphs 7-8, 12-16; adds file phot...Reuters
Jan 10, 2025
Euro zone yields hit multi-month highs after strong U.S. jobs data
Updates after U.S. jobs data Jan 10 (Reuters) - Euro zone government bond yields rose to new multi-month highs on Friday after data showed the U.S. economy added far more jobs than expected in December, casting further doubt on the number of Federal Reserve rate cuts this year. Germany's...Reuters
Jan 10, 2025
Strong economy, safe asset demand boosted US dominance in capital flows, White House says
Investment incentives attracted global inflowsUS received 41% of global inflows, highest of any countryDollar remains strongest reserve currencyBy Andrea Shalal WASHINGTON, Jan 10 (Reuters) - The strength of the U.S. economic recovery post-COVID and a quest for safe-haven investments helped boost...Reuters
Jan 10, 2025
INSTANT VIEW-Canada's economy adds 90,900 jobs in December, jobless rate edges down
TORONTO, Jan 10 (Reuters) - Canada's economy gained a net 90,900 jobs in December, largely in full-time work, and the jobless rate edged down to 6.7%, Statistics Canada data showed on Friday. Market reaction: CAD/Link: https://www150.statcan.gc.ca/n1/daily-quotidien/250110/dq250110a-eng.h...Reuters
Jan 10, 2025
TREASURIES-US yields jump as jobs gains beat expectations
Jan 10 (Reuters) - Longer-dated U.S. Treasury yields jumped to their highest levels since November 2023 on Friday after data showed that employers added 256,000 jobs in December, far surpassing economists’ expectations, while the unemployment rate fell.Employers were expected to have added 160,000 j...Reuters
Jan 10, 2025
