The iShares 20+ Year Treasury Bond ETF, commonly referred to by its ticker TLT, was up 0.7% this morning after falling over 1% yesterday. Both the 10-year and 30-year Treasury yield were lower. Yields fall when bond prices are rising.
The reaction comes after New York-based Revelio Labs, a workforce intelligence company, said the U.S. economy lost 9,000 jobs in October, predominantly driven by employment losses in the government sector. It also revised down job gains in September to 33,000 from the initial print of over 60,000.
