U.S. Treasury yields edge higher ahead of early June jobs report release
By
Chloe Taylor
2h ago· 2 min readenNews
Summary
U.S. Treasury yields rose as investors awaited the June non-farm payrolls report, being released early due to the Independence Day holiday. Economists expect 115,000 jobs were added. ADP private payrolls data showed 98,000 jobs added in June, below forecasts of 110,000. Fed Chair Kevin Warsh also commented at the ECB's annual policy conference.
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Key quotes
· 3 pulledEconomists polled by Dow Jones expect the U.S. to have added 115,000 jobs last month.
ADP private payrolls figures showed private sector employment grew by 98,000 in June, down from 122,000 in May, slightly below forecasts of 110,000.
Fed Chair Kevin Warsh told CNBC's Sara Eisen during a panel discussion at the European Central Bank's annual policy conference in Sintra, Portugal.
Economists polled by Dow Jones expect the U.S. to have added 115,000 jobs last month.
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