arum98@gmail.com, U.S. yields lower on strong jobs data

U.S. yields lower on strong jobs data   U.S. Treasury yields mostly moved lower on Wednesday on stronger jobs data, ahead of a key U.S. congressional debt ceiling vote. The yield on benchmark 10-year Treasury notes was down 4 basis points to 3.656%. Jim Barnes, director of fixed income at Bryn Mawr Trust, said one driver was a report showing an unexpected rise in U.S. job openings in April, which pointed to persistent strength in the labor market that could compel the Federal Reserve to raise interest rates again in June. "Today, there was some optimism with the job openings," Barnes said. Cooling inflation in Europe also played a role in trading.                     If you don't want to receive these emails in the future, please click here 14125 West State Highway 29 Suite B-203 (Box 372) Liberty Hill, Texas 78642