U.S. Treasury Yields Are Mixed
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Treasury yields edged higher ahead of December’s U.S. payrolls. FFA Kings said any material deviation from expectations could inject volatility.
Treasury yields were falling Wednesday morning after a U.S. employment report from ADP showed softer-than-expected jobs growth in the private sector. The yield on the 10-year Treasury note was down about 4 basis points at around 4.
US Treasuries approached a key milestone Tuesday as 10-year yields reached the highest level relative to two-year rates in nearly nine months, signaling traders’ bets on Federal Reserve interest-rate cuts in 2026.
Treasury yields rose, reversing Wednesday’s declines, after new data showed that fewer-than-expected Americans filed new claims for unemployment benefits last week. The yield on the 10-year U.S. Treasury note was recently around 4.
Treasury yields were little changed Friday morning, as investors weighed a fresh report showing jobs growth in December was softer than expected. The yield on the 10-year Treasury note was dipping less than 1 basis point to around 4.
Treasury yields deserve attention for assessing if the bond market’s calculus is shifting. In turn, the directional bias for yields will likely be crucial for stocks and the economy.
JGBs edged higher in price terms in early Tokyo trade amid prospects of Bank of Japan’s planned purchases.
"The significant increase in hyperscaler issuance raises questions about who will be the marginal buyer of IG paper."
Major stock indexes were mixed and Treasury yields rose on Thursday ahead of Friday's key U.S. jobs report, while defense company shares gained amid U.S. President Donald Trump's plans for a $1.5 trillion military budget.
US Treasury yields reached a nine-month high relative to two-year rates, indicating market expectations for future Federal Reserve rate cuts.
Inverted Yields, Negative Rates, and U.S. Treasury Probabilities 10 Years Forward
The Federal Reserve released a video statement Jan. 11 following the Justice Department’s launch of a criminal investigation into Chair Jerome H. Powell.