unemployment: THIS JUST IN!!!!!!!
- 07/02/08 08:38 AM
US TREASURY OUTLOOK-Jobs data, ECB decision take spotlight By Richard Leong NEW YORK, July 2 (Reuters) - The U.S. government debt market will likely be choppy on Thursday, as traders brace for possible surprises in the government's payroll report and an interest rate decision from the European Central Bank. Signs of more U.S. labor deterioration would further punish a battered stock market and increase the safe-haven appeal of Treasuries. They will also likely lead traders to pare their bets on the Federal Reserve raising interest rates later this year, analysts and investors said on Wednesday. "A bad payroll number could boost … (1 comments)
US TREASURY OUTLOOK-Jobs data, ECB decision take spotlight By Richard Leong NEW YORK, July 2 (Reuters) - The U.S. government debt market will likely be choppy on Thursday, as traders brace for possible surprises in the government's payroll report and an interest rate decision from the European Central Bank. Signs of more U.S. labor deterioration would further punish a battered stock market and increase the safe-haven appeal of Treasuries. They will also likely lead traders to pare their bets on the Federal Reserve raising interest rates later this year, analysts and investors said on Wednesday. "A bad payroll number could boost … (1 comments)
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