Capitol Report: Trump’s jobs report tweet in advance of release appears to have violated federal rules

U.S. President Donald Trump

President Donald Trump’s tweet in advance of the crucial jobs report may have violated federal guidelines barring officials from commenting on data before its release.

Trump tweeted, at 7:21 a.m. Eastern, “Looking forward to seeing the employment numbers at 8:30 this morning.” The numbers provided reason to look forward — an 18-year low on unemployment, and 223,000 jobs created.

See:U.S. adds 223,000 new jobs as unemployment falls to 18-year low in May

The bond market did have a reaction to Trump’s tweet, as the yield on the 10-year TMUBMUSD10Y, +1.14% increased after the tweet, a move consistent with increased expectations of economic growth.

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