* U.S. job growth slows; jobless rate plunges to 4.2% * Stocks, bonds yields slide in volatile trade. * U.S. 10-year yields fall to 1.35%, lowest in 10 weeks. * Dollar little changed, gold rises more than 1% By Herbert Lash and Lewis Krauskopf.
U.S. Treasury yields tumbled on
Friday in choppy trading, with the 10-year yield dropping below
1.4% for the first time since September as a risk-off sentiment
took hold in markets, sending Wall ...
The safe-haven yen and Swiss franc gained on Friday as global equities and
bond yields fell on fears about the spread of the Omicron variant of COVID-19, which has resulted in renewed
restrictions in ...
U.S. Treasury yields tumbled on
Friday in choppy trading, with the 10-year yield dropping below
1.4% for the first time since September as a risk-off sentiment
took hold in markets, sending Wall ...
U.S. Treasury yields were mixed
in choppy trading on Friday after initially falling on closely
watched jobs data that showed employment increased far less than
expected in November, but was not seen ...
* Gold heads for third weekly fall. * U.S. 10-year bond yields drop below 1.4% By Brijesh Patel. Gold prices rose nearly 1% on Friday as uncertainty sparked by the Omicron coronavirus variant and a dip in U.S. Treasury yields boosted the safe-haven metal's appeal. Spot gold was up 0.9% at $1,785.29 per ounce by 03:12 p.m. ET.
Southern European bond yields fell while German government debt yields rose on Friday as investors focused on central bank policy uncertainty and a jobs data miss in the United States. Focus was on the European Central Bank on Friday, where President Christine Lagarde said the bank may set policy for a relatively short period at this month's meeting given heightened uncertainty.
Euro zone bond yields edged up on Friday as investors awaited speakers from the European Central Bank and U.S. jobs data at the end of a volatile week which featured sharp falls linked to fears of the new Omicron variant of the coronavirus.
A look at the day ahead from Sujata Rao. Today's non-farm payrolls, a reliable monthly snapshot of the U.S. employment picture, almost comes as an anti-climax. Alongside robust consumer and manufacturing data, it indicates the Federal Reserve will likely accelerate the pace of unwinding bond purchases, as its boss Jerome Powell has suggested.
A look at the day ahead from Sujata Rao. Alongside robust consumer and manufacturing data, it indicates the Federal Reserve will likely accelerate the pace of unwinding bond purchases, as its boss Jerome Powell has suggested. It's also already being priced by bond markets; the gap between two- and 10-year Treasury yields has narrowed the most since June this week.
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