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Nonfarm Payroll Data

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U.S. job growth slowdown causes drop in Treasury yields.
finance2 years ago

U.S. job growth slowdown causes drop in Treasury yields.

US Treasury yields fell after the release of nonfarm payroll data for March, which showed a slowdown in job growth. The 10-year Treasury note yield slipped to 3.363%, while the 30-year Treasury bond yield dipped to 3.584%. Investors are also focused on the inflation outlook and the Federal Open Market Committee's upcoming monetary policy meeting.