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The Economic Times
The Economic Times

US Treasury yields fall as jobs report dashes hike bets

U.S. Treasury yields fell on Friday after data showed that employers unexpectedly shed 23,000 jobs in July, prompting traders to cut odds of a Federal Reserve interest-rate hike in September.

They ‌pared their earlier ⁠drop, ⁠however, ahead of long-dated supply and consumer price inflation for July due next week.

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