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Stocks slip, yields rise after US jobs data suggest higher rates By Reuters

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Stocks slip, yields rise after US jobs data suggest higher rates

© Reuters. A passerby walks past an electric monitor displaying various countries' stock price index outside a bank in Tokyo, Japan, March 22, 2023. REUTERS/Issei Kato/File photo

Japan's finance ministry did not respond to requests for comment. But the dollar's sharp move lower was hard for the market to ignore. The 10-year Treasury note rose 9.6 basis points to 4.779%, a new 16-year high, and the dollar fell 0.44% to 149.165 yen.has soared to its highest since late 2007. On Monday, they staged their biggest one-day rise since early September, a move that punctured a rally in stocks, commodities and currencies.

 

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