After U.S. jobs stunner, traders leave negative rate bets in the rear view

(Reuters) - Investors stopped pricing for the possibility that the Federal Reserve will adopt negative rates, after a surprisingly strong employment report on Friday boosted expectations that the worst of the economic downturn is in the past.The U.S. economy unexpectedly added jobs in May after suffering record losses in the prior month, offering the clearest signal yet that the downturn triggered by the COVID-19 pandemic was probably over, though the road to recovery could be long.The Federal..