Traders prepare US payrolls with 15-year global returns

Bond investors are bracing for new signs of strength in the US labor market on Friday after Treasuries continued on fears that the Federal Reserve will raise interest rates higher than previously thought.

Benchmark Treasury yields rose back through 4% this week as a The report Thursday showed that U.S. companies added nearly half a million jobs in June. Next up is the US Department of Labor’s June employment snapshot.