Home / Markets / Stock Markets /  Jobs data threatens Wall Street’s recession trade
Listen to this article

Friday’s surprisingly strong jobs data sparked a sharp rise in bond yields and a modest decline in the S&P 500, with investors reassessing popular bets that the post-pandemic economy won’t be defined by significantly higher interest rates than the one that preceded it.


Recommended For You

Edit Profile
Get alerts on WhatsApp
Set Preferences My ReadsWatchlistFeedbackRedeem a Gift CardLogout