Why Bond Yields Rose on the Disappointing Payroll Report
February 04, 2011 at 12:19 PM EST
Normally you’d be better off looking at how someone like James Hamilton evaluates economic data, but I’ll take a stab at this one. In early 2008 when we were in danger of slipping into recession, I got interested in the unemployment rate as a leading indicator (it is usually viewed as a lagging indicator.) I [...]
