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2026-11-09T16:04:19.034Z

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Bonds fall on jobs shock

Bonds fall on jobs shock

U.S. Treasury prices fell after the economy added 165,000 jobs in October, topping expectations of 59,000, while unemployment declined to 4.1%—strengthening expectations of further interest-rate increases. The 10-year yield settled at 4.859%, while the two-year yield stood at 4.538% and the 30-year yield at 5.261%. The probability of a quarter-point rate hike in December rose to 77%. Markets are awaiting inflation data and U.S. Treasury auctions totaling $125 billion.

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