article_snippet: The closely followed employment report was released a little more than a week before the US central bank's March 17-18 policy meeting.
article_snippet: The strengthening job market could give the Federal Reserve room to move toward raising interest rates from record lows.
article_snippet: Most analysts expect the Fed to pave the way for higher rates by adjusting the statement the Fed issues after the Fed March policy meeting, to be followed by the first hike in June or September.
article_snippet: After The closely followed employment report was released Friday morning, investors sold ultra-safe US Treasurys, a sign that many anticipate a the Fed rate hike.
article_snippet: The yield on the 10-year Treasury note rose to 2.18 per cent from 2.11 percent before The closely followed employment report was issued.