U.S. bond market rallies on big slowdown in private-sector jobs growth

The U.S. Treasuries market resumed its rally on Wednesday with two-year yields hitting their lowest since December 2017 in the wake of a report that showed private domestic jobs growth decelerated in May to its weakest level in over nine years.

Senior Fed officials have acknowledged those risks could derail the economic expansion, which this summer could become the longest in history. Ten-year Treasury yields were down 1.90 basis points at 2.102%, hovering near their lowest since September 2017.

globeinvestor I wouldn’t worry to much their last quarterly GDP growth was 3.2% and Canada’s was 0.1% and the two previous months were under 0.4% as well - Canada is basically in a RECESSION why not report on that? Or does that look bad for Trudeau

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