Treasury yields shot higher this week, as expectations for a June rate cut fell.

The U.S. economy had another strong month of hiring in March – adding 303k jobs – while the unemployment rate ticked down to 3.8%.

Seven voting FOMC members were out speaking this week and the messaging was consistent: policymakers are in no rush to cut rates.

If you are having trouble viewing the Weekly Bottom Line below, please click here.

Looking for last week’s edition? Please click here.

Share this: