Yahoo Finance Video
Jobs data sparks Fed rate hike fears: Market Takeaways
The December jobs report came in far above expectations, showing an addition of 256,000 jobs. Yahoo Finance Markets and Data Editor Jared Blikre analyzes three key market trends following the release: potential Federal Reserve rate hikes, rising bond yields (^TNX, ^TYX, ^FVX) and US dollar (DX=F, DX-Y.NYB) strength, and investors seeking inflation hedges through commodities and cryptocurrencies. He also discusses how gold futures (GC=F) and bitcoin (BTC-USD) are responding to inflation risks. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Angel Smith
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