US 10-year Treasury yields rise to 4.33% after stronger-than-expected March payrolls
The latest nonfarm payrolls data has reinforced expectations of a higher-for-longer interest rate environment, pushing yields higher.
Update: This story updates earlier coverage: US nonfarm payrolls rise by 255,000 in March, pushing 10-year Treasury yields to 4.43
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Key Points
- U.S. March payrolls rise 178000 and keep Treasury yields elevated as Fed cut bets fade.
- US 10-year Treasury yield was at 4.33, up 0.6% on the session.
US nonfarm payrolls rise by 215,000 in March, above expectations. US 10-year Treasury yield was at 4.33, up 0.6% on the session.