...when bond prices fall, jumped higher. The 10-year yield, which influences the mortgage rates, rose to 4.54%. Higher Treasury yields can put pressure on stocks.
In another sign of the risk-off...
U.S. employers added 172,000 jobs in May, and the unemployment rate was steady at 4.3%, the Labor Department said June 5, additional confirmation of an economy that continues to deliver positive...
Summary
The labor market may be emerging from a prolonged slowdown, with three straight months of job gains above 100,000 expected.
The labor market is undergoing complex changes driven by...