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Treasury yields move higher after blowout ADP jobs number

Published 06/01/2017, 08:58 AM
© Reuters.  Treasury yields move higher after blowout ADP jobs number
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  • The ADP reports 253K private-sector jobs added in May, up from 177K in April, and against expectations for just 170K.
  • That 253K print is roughly inline with the average for the first three months of 2017.
  • The 10-year Treasury yield has moved up just shy of two basis points to 2.225%. TLT -0.45%, TBT +0.9% premarket
  • Now read: Bye, Bye Black Swan?


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