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Stock impact report

Treasury Rally Risks Running Into a $125 Billion Brick Wall [Yahoo! Finance]

Prudential Financial, Inc. (PRU) 
Last prudential financial, inc. earnings: 2/4 04:18 pm Check Earnings Report
US:NYSE Investor Relations: investor.prudential.com
Company Research Source: Yahoo! Finance
(Bloomberg) -- Bond traders welcomed their first clear sign of a cooling US labor market, but it's only a part of what's needed to fire up the truly sweeping rally they've been hoping for all year. Most Read from Bloomberg France's Macron Calls for Reset of Economic Ties With China Israel Shuts Gaza Crossing After Hamas Rocket Barrage From Rafah Everything Apple Plans to Show at May 7 ‘Let Loose' iPad Event Buffett Praised Apple After Trimming It, Drops Paramount Stake Worsening Weather Is Igniting a $25 Billion Market US Treasuries surged Friday after a government report showed surprising softness in jobs and wage gains last month, adding to other recent evidence of slowing growth. The news crowned a late-week advance that started Wednesday after Federal Reserve Chair Jerome Powell pushed back on the need to raise rates and signaled cuts were coming as soon as warranted by the data. Investors are now cautiously upping their bets for easing this year, and yields on Fe Show less Read more
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