Tag Archives: unemployment

Unemployment Report Sends Bonds Soaring

Written by: - November 6, 2009

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6 November 2009 ?Bonds opened up 12bps and have trended upwards to an impressive day change of up 31bps. The Labor Department announced that unemployment rose higher than expected. The 10.2% unemployment rate for October exceeded analysts’ predictions of a 9.9% rate.  This is the first time in 26 years that unemployment has topped the […]

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