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TREASURIES-U.S. yields jump after labor market data; 2-yr hits 16 year high - Vimarsana News

TREASURIES-U.S. yields jump after labor market data; 2-yr hits 16 year high

U.S. Treasury yields climbed on Thursday after data on the labor market increased expectations the Federal Reserve will be aggressive in raising interest rates to rein in stubbornly high inflation towards its 2% target rate.