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February Jobs Report
All articles tagged with #february jobs report
"Powell's Caution on Interest Rates as Treasury Yields Fall"
U.S. Treasury yields ended lower after the February jobs report showed higher unemployment, with the 10-year Treasury yield hitting a 5-week low. Despite the creation of more jobs than expected, the unemployment rate rose to a 25-month high, leading to market uncertainty about the state of the U.S. economy and the potential for interest-rate cuts by the Federal Reserve.