US data surprise hits SSA market

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US data surprise hits SSA market

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A cargo ship sails across the North Sea off the coast of Whitley Bay, Tyne and Wear, as storm clouds sweep down the coast with snow forecast. | Owen Humphreys/PA Wire/Press Association Images

Non-farm payroll data from the US released on Friday has “shocked markets”, and will slow down issuance in June, according to several SSA bankers.

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