Leek Karen Piego
CHICAGO, June 4 (Reuters) – U.S. Treasury yields fell on Friday as lower-than-expected employment data for the country eased fears that a stronger economic recovery would prompt the Federal Reserve to lower. Your purchase of government debt ahead of schedule.
* 10-year US paper returns fell 3.1 basis points to 1.596%.
* US nonfarm payrolls increased by 559,000 jobs in May, less than 650,000 expected jobs, and the unemployment rate fell to 5.8% from 6.1% last month.
* Figures for April were revised to increase payrolls by 278,000 instead of 266,000 as previously reported.
“It’s still a strong number,” said TD Securities’ Gennady Goldberg. can be found.”
* The strategist said the data was “not good enough” to change the Fed’s approach to reducing its bond purchases or raising credit costs, which should keep rates relatively in the range in the short term.
* The 2-year paper yield decreased by 1 0.1 basis points to 0.1487%.
* The yield between 2- and 10-year bonds fell 2.28 basis points to 144.21 units. (Reporting by Karen Pierog; Additional reporting by Karen Brettel in New York; Editing in Spanish by Janice Humbachano)
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