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Mmastodon BusinessFinance first seen 11 h ago, last 11 h ago, peak #6

Treasury Selloff Extends as Stock Futures Slide Ahead of Jobs Data

Original: Treasury Selloff Extends, Stock Futures Slide to Kick Off Jobs Week https://www.wsj.com/finance/investing/treasury-sello

US Treasury yields continue climbing as a bond selloff extends into a new week, with stock futures pointing lower ahead of the latest employment report. Traders are bracing for jobs data that could shape expectations for interest rates, with markets on edge over inflation and Federal Reserve policy.

Why now: The upcoming jobs report is seen as pivotal for interest rate expectations, and rising yields are rattling equity markets.

US TreasuryFederal ReserveWall Street

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