Treasuries Rise as U.S. Economy Adds Fewer Jobs Than Expected

  • Two-year note yield touches lowest level since February
  • Traders cut probability of a 2016 Fed rate increase to 43%

Analyzing the Data Behind the April Jobs Report

Treasuries rose, pushing two-year note yields to the lowest in almost three months, after a report showed the U.S. economy added fewer jobs than forecast in April, undermining the case for the Federal Reserve to raise interest rates this year.

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