Summary Box: Treasury rates slip on jobs report

AP News
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Posted: Oct 08, 2010 6:05 PM
Summary Box: Treasury rates slip on jobs report

JOBS REPORT: The Labor Department said the economy lost 95,000 jobs in September. The unemployment rate stayed at 9.6 percent.

WAITING FOR THE FED: The labor report looked better than Wall Street expected, but it still painted a bleak picture of the country's economy. Bond traders expect the Federal Reserve will try to give the sluggish recovery a boost in the coming weeks.

TREASURY TRADING: Most Treasury yields edged lower. The two-year note yield slipped to 0.35 percent.