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Friday, June 02, 2006

Lackluster Jobs Report Sends Bond Prices Higher

Lackluster jobs report sends Bond prices higher: Once again economists and analysts were off the mark in trying to predict May's non-farm payrolls number. The Labor Department reported that non-farm payrolls grew by 75,000 in May. This figure was well below average estimates of between 150,000 and 180,000 jobs created. Read More....