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Global Markets Anticipate Payrolls Report Amid High Treasury Yields

share-iconFriday, January 10 comment-icon3 weeks ago 7 views
News sources:
reutersREUTERS
Global Markets Anticipate Payrolls Report Amid High Treasury Yields

Credited from: REUTERS

  • Most Asian stocks are decreasing
  • Recent Treasury yields are near an eight-month peak, with the 10-year yield posing a threat to surpass 4.739%.
  • The payrolls report is projected to show a job increase of 160,000 in December, but forecasts vary, indicating potential surprises.
  • Investors face a volatile market environment where a strong report could push yields beyond 5%, impacting stock valuations.
  • The U.S. dollar remains strong, benefiting from the market's dynamics, while the British pound struggles near a yearly low.

For the full article, visit Reuters.


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