Dollar Rises, Bond Gains Unravel After Jobs Data: Markets Wrap - Tellbrief.com

Dollar Rises, Bond Gains Unravel After Jobs Data: Markets Wrap

(Bloomberg) -- The US dollar strengthened while Treasuries unwound the previous day’s gains following stronger-than-expected jobs numbers. The S&P 500 edged higher as the market fought to buck Tuesday’s risk-off slump after tensions flared in the Middle East.

Yields on 10-year Treasuries rose to 3.79% after hitting a low of 3.

69% in the prior session. Further out this week, investors will be watching for nonfarm payrolls numbers to check the health of the US economy.

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