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Jobs Report Pushes Up Bond Yields.

Authors :
MIN ZENG
Source :
Wall Street Journal - Eastern Edition. 12/7/2009, Vol. 254 Issue 134, pC2. 0p. 1 Graph.
Publication Year :
2009

Abstract

The article reports on the higher yields in U.S. Treasurys following an encouraging jobs report in November 2009. The government is said to sell more than 1 trillion dollars in debt for the year. It notes that the near-zero interest rates of the Federal Reserve (Fed) help in keeping the demand strong for government debt. The encouraging jobs report is said to be driven by the speculation that the Fed may tighten interest rates sooner than expected.

Details

Language :
English
ISSN :
00999660
Volume :
254
Issue :
134
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
47053346