Yields on long-term U.S. Treasurys extended recent gains Friday after new data presented a mixed picture of the labor market.
Yields, which rise when bond prices fall, climbed in the overnight session but fell just before the release of the nonfarm labor report. They then bounced around after the data was reported before rebounding to surpass overnight highs.
Q&A
Breaking Down the U.S. Economic Outlook with Larry Summers
Former Treasury Secretary Lawrence Summers discusses the Federal Reserve’s policy meeting and the outlook for U.S. growth amid inflation and increased geopolitical turmoil.
…
