Early Morning Bid: Looming payrolls keep bond bears starving
A take a look at the day ahead in European and international markets from Stella Qiu The majority of stocks in Asia are down on Friday, following the lead of Wall Street futures, ahead of the necessary payrolls report, which might press Treasury yields and the U.S. dollar even greater. Both Nasdaq futures and were down 0.3%, after U.S. trading was closed over night to mark the funeral service of previous President Jimmy Carter. European stock exchange look set for a flat open. That most likely shows the angst in international bond markets. The standard is simply off an eight-month peak of 4.73% and threatening a significant chart level at 4.739%. The 30-year yield climbed up 11 basis points today to the greatest in over a year. British federal government bond yields shot to the greatest ...