Published:
The bond market, a steady force over much of this week, was looking a bit more nervous on Thursday — and finally catching up with jittery stock investors.
U.S. government debt was getting a bid on apparent safe-haven demand driven by fresh concerns about the labor market. A report on layoffs from
Challenger, Gray & Christmas showed job cuts jumped to 108,435 during January. First-time claims for unemployment benefits rose by more than expected, to 231,000 in the final week of last month.
