56.19 F
September 28, 2022
Image default

Euro zone yields fall as US payrolls seen easing rate-hike pressure

Published by
Reuters UK

By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Euro zone government bond yields fell on Friday, falling in line with U.S. peers, after a closely watched U.S. employment report showed unemployment rising and job growth slowing in August. U.S. employers hired more workers than expected in August, but moderate wage growth and a rise in the unemployment rate to 3.7% could ease pressure on the Federal Reserve to deliver a third 75 basis point interest rate hike this month. “With wage growth coming in lower than expected it (the jobs data) points to a slower pace of rate hikes after September’s e…

Read More

Related posts

Stablecoin Tether’s reserves fell $16 billion in second quarter


Regal Cinemas Parent Reportedly Set to File for Bankruptcy


FDA Could Soon Approve Moderna’s Covid-19 Vaccine


Spotify – Podcasts Pad Revenue Despite Cancel Calls


U.S. job growth misses expectations in November; unemployment rate dives to 4.2%


The Mixed Reality of America’s Wallets


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: