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Jason Furman

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

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

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 Trump broke that longstanding 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 employment numbers” due to be released by the Labor Department about an hour later. A top White House official emphasized that Trump didn’t reveal any of the...

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