My soul, wait thou only upon God; for my expectation is from him. He only is my rock and my salvation: he is my defense; I shall not be moved. In God is my salvation and my glory: the rock of my strength, and my refuge, is in God. Trust in him at all times; ye people, pour out your heart before him: God is a refuge for us. Selah Psalm 62:5-8

Treasury Yields Jump After Strong Jobs Data

U.S. Treasury yields gained, led by shorter-term maturities, as investors further reduced bets on rate cuts this year after a surprisingly strong December jobs report. Principal Asset Management saw the data as “punishing news” for global bonds, particularly gilts.

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