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Ten-year US Treasury bond interest rates increased by 17 basis points to 4.887 percent annually.
The yield on 30-year securities exceeded 5.05% for the first time since August 2007, according to the Financial Times.
The U.S. Department of Labor reported that the number of jobs in the American economy climbed by 336 thousand in September, the highest rate in eight months. According to the analysts' collective projection, which Trading Economics cited, the indicator would increase by 170,000.
In addition, the numbers for August were updated to reflect an increase in employment of 227 thousand rather than the previously reported 187 thousand.
Traders' concerns that the Federal Reserve will increase the base rate again this year are heightened by the recently released statistics. According to MarketWatch, the U.S. Central Bank must achieve a "cooling" of the labor market in order to control inflation.
source: marketwatch.com
The yield on 30-year securities exceeded 5.05% for the first time since August 2007, according to the Financial Times.
The U.S. Department of Labor reported that the number of jobs in the American economy climbed by 336 thousand in September, the highest rate in eight months. According to the analysts' collective projection, which Trading Economics cited, the indicator would increase by 170,000.
In addition, the numbers for August were updated to reflect an increase in employment of 227 thousand rather than the previously reported 187 thousand.
Traders' concerns that the Federal Reserve will increase the base rate again this year are heightened by the recently released statistics. According to MarketWatch, the U.S. Central Bank must achieve a "cooling" of the labor market in order to control inflation.
source: marketwatch.com