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Bond traders torn between growth and inflation concerns are setting up for a key read on the US jobs market, even as the continuing hostilities in the Middle East remain the center of attention.
Source
Bloomberg Markets
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“No matter what I do, the beds still look a bit creased and worn, even grubby, in pictures.”
Torsten Slok, chief economist at Apollo, explains the three factors he sees supporting US economic growth despite the impact of the war in Iran. (Source: Bloomberg)
US hiring beat forecasts in March as nonfarm payrolls increased 178,000 and the jobless rate declined to 4.3%, according to Bureau of Labor Statistics data out Friday. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)