Whoops! Bonds get jobs wrong at the last minute

The surprisingly positive October jobs data that was released at 8:30 a.m. EST hurt the bond market, but it must have been especially painful for those who bought bond futures seconds ahead of the report. At 8:29 a.m. EST, five-year note futures soared to a nearly five-month high—before losing all…

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Whoops! Bonds get jobs wrong at the last minute

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