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Author: RGZHayley333
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Market Expects Another Fed Rate Hike in May/June; Members’ Views Mixed
Another solid US payrolls report anchored hopes of more rate hikes this year, sending Treasury yields higher. Released last Friday, US non-farm payrolls rose +156K in December, compared with consensus of a +178K addition. However, the November reading was revised higher to +204K.
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Market Expects Another Fed Rate Hike in May/June; Members’ Views Mixed