Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Treasuries End Higher

U.S. Treasuries soared in price on the second straight month of disappointing jobs data and increasing fears of prolonged weakness. The yield on the benchmark 10-year note plunged to 4.22%. Traders are now positioning for a neutral rate environment. The weak jobs report is expected to shift the Fed's attitude on interest rates.

July Nonfarm Payrolls rose a much less-than-expected 32,000 and the June figure was revised down to 78,000 from 112,000. The consensus was about 240,000, and Goldman Sachs forecast 300,000. Manufacturing payrolls rose 10,000, and services-producing payrolls rose 14,000. The unemployment rate remained unchanged at 5.6%.

The data suggests the economy is not recovering from the June slump. Although oil futures off bit, prices are still extremely high and will put a cloud over the global economy if they persist at high levels.

blog comments powered by Disqus