Treasury, Gold ETFs Tank After Jobs Report as Dollar Spikes
July 05, 2013 at 09:02 AM EDT
Yields on the 10-year Treasury note jumped to 2.7% on Friday morning after the stronger-than-expected jobs report, pulling down ETFs that invest in U.S. government bonds. The immediate reaction to the June nonfarm payrolls report in ETFs tracking U.S. Treasuries, the dollar and gold suggests...