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ETF Market Vital Signs, June 5: Solid Jobs Number Hints at Rate Hike, Slams Bond ETFs

TedTed
in The Bullpen
FYI: May’s jobs report was better than forecast: the U.S. economy added 280,000 non-farm jobs last month. The unemployment rate ticked higher by one-tenth of one percentage point, to 5.5% (more people entered the work force). The markets’ interest-rate diviners say Friday’s number keeps the central bank on course to raise interest rates later this year.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2015/06/05/etf-market-vital-signs-june-5-solid-jobs-number-hints-at-rate-hike-slams-bond-etfs/tab/print/
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