US bond yields buck trend despite higher unemployment rate

01 February 2019

 

The US economy continues to produce more jobs despite being close to full employment. However, the buoyant conditions are enticing Americans back into the workforce, which increases the unemployment rate in some months.  According to the US Bureau of Labor Statistics, the US economy created 304,000 jobs in the non-farm sector in January. Economists had been expecting around 165,000 additional positions and US markets reacted by sending bond yields higher....

read full story