federal reserve

Soft jobs number keeps bond yields in check

Soft jobs number keeps bond yields in check

April’s jobs report returned mixed results to investors on Friday, as the unemployment rate fell to 3.9 percent, an 18-year low. However, the number of jobs created, about 164,000, was shy of expectations. The labor force participation rate also decreased.

The results were met with an initial drop in equity prices and bond yields in early trading on Friday. Investors had hoped to see a bounce-back month in April after the March jobs report disappointed.

Continue reading Soft jobs number keeps bond yields in check at Movement Mortgage Blog.

About the authors

Looking to change the home buying process for the better, the Humes Team is here for all of your mortgage needs. No loan is too big or too small. We believe one should treat others as expected to be treated. We pride ourselves in honesty paired with communication to deliver A1 service with great results.

Meet the team

About Movement Mortgage

Movement has grown from a small team of 4 to over 4,000 employees with more than 500 locations across 46 states. Inc. Magazine recognized Movement Mortgage as the fastest-growing mortgage bank in the country.

Learn more about movement