How Bond Traders Profited Off U.S. Wage of $24.45 an Hour

Jason Evans knew he had to act fast. It was 8:30 in the morning on Aug. 1, which meant the U.S. Labor Department’s monthly wage data had just been released. One day earlier, the 46-year-old co-founder of NineAlpha Capital LP, a hedge fund specializing in U.S. government debt, detected signs …

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How Bond Traders Profited Off U.S. Wage of $24.45 an Hour

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