Los Angeles Times

Trump's tweet on the jobs report broke a protocol designed to prevent giving early hints to investors

WASHINGTON - For decades, federal officials have taken great care to prevent providing any early indications to investors about monthly jobs report data that can move markets.

On Friday, President Donald Trump broke that long-standing protocol using his favorite communication tool - Twitter - triggering a jump in yields on the 10-year Treasury bond and an outcry from former White House officials.

Trump, who learned about the strong May jobs report Thursday night, tweeted Friday morning that he was "looking forward to seeing the

You’re reading a preview, subscribe to read more.

More from Los Angeles Times

Los Angeles Times3 min read
Review: Dua Lipa Is A Pop Star With No Lore On 'Radical Optimism'
Dua Lipa's "Radical Optimism" has a hilarious album cover, two songs about illusionists and what may end up the year's most succulent bass playing. What it doesn't have is the kind of detailed celebrity meta-narrative that's come to define — and to p
Los Angeles Times2 min read
Three Friends Drove From California To Mexico For A Surfing Trip. Then They Disappeared
MEXICO CITY — Last month, two brothers and one of their friends crossed from the United States into Mexico to explore Baja California's famous surf breaks. Pictures posted online by one of the brothers, Callum Robinson, 33, show the men gazing out at
Los Angeles Times2 min read
Three Friends Drove From California To Mexico For A Surfing Trip. Then They Disappeared
Last month, two brothers and one of their friends crossed from the United States into Mexico to explore Baja California's famous surf breaks. One of the brothers, Callum Robinson, 33, posted snapshots of their journey on Instagram, showing the men ga

Related Books & Audiobooks