Eurozone bond yields soar after blockbuster US jobs figures

US non-farm payrolls rose by 216,000 in December, up from 173,000 in November, well above economists' forecast
Eurozone bond yields soar after blockbuster US jobs figures

There has been an influx of people into the labour force, some of it tied to a rise in immigration. Picture: David Paul Morris/Bloomberg

Eurozone bond yields leapt on Thursday after data showed the US labour market beat expectations in December, extending their rise and putting them on track for the biggest weekly jump in months.

Figures showed US non-farm payrolls rose by 216,000 in December, up from 173,000 in November. That was well above economists' forecast for 170,000 and shows the world's biggest economy remains strong.

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