Treasury yields moved sharply higher in thin holiday trading on Friday after the March U.S. employment data showed a healthy pace of job growth and low unemployment though the pace of wage growth slowed.
What happened
What drove markets
The U.S. economy added 236,000 new jobs in March, in line with expectations for an increase of 238,000 according to the median estimate from economists polled by the Wall Street Journal, but down from a gain of 311,000 in February.
The…
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