(Reuters) - NEW YORK, July 5 - U.S. government bonds fell on
Thursday after strong data on jobs and services dimmed
remaining hopes of a Federal Reserve rate cut anytime soon,
while markets braced for Friday's monthly employment report.
The Institute for Supply Management's gauge of the service
sector hit its highest in over a year, while a report on
employment in the private sector showed suprising strength.
Both releases sent bonds lurching lower. For details, see
[ID:nN05325462]
Read more at Reuters.com Bonds News
Thursday after strong data on jobs and services dimmed
remaining hopes of a Federal Reserve rate cut anytime soon,
while markets braced for Friday's monthly employment report.
The Institute for Supply Management's gauge of the service
sector hit its highest in over a year, while a report on
employment in the private sector showed suprising strength.
Both releases sent bonds lurching lower. For details, see
[ID:nN05325462]
Read more at Reuters.com Bonds News
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