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The Economic Times
The Economic Times
Business

UNCOVERED: Us treasury yields fall as jobs report dashes hike bets - Caught on Camera

U.S. Treasury yields fell on Friday after data showed that employers unexpectedly shed 23,000 jobs in July, prompting traders to cut odds of a Federal Reserve interest-rate hike in September.

They ‌pared their earlier ⁠drop, ⁠however, ahead of long-dated supply and consumer price inflation for July due next week.

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