Treasury yields rose on Friday as investors awaited the release of key jobs data that could influence the Federal Reserve’s hawkish stance on monetary policy.
added 1 basis point to reach 2.157%. Yields move inversely to prices and 1 basis point is equal to 0.01%.
Alongside unemployment rate figures and average hourly wages data, the highly anticipated non-farm payrolls report is scheduled to be released at 8:30 a.m. ET. Economists expect that 150,000 jobs will have been added in January.slightly fewer than expectedClaims for the week ended Jan. 29 totaled 238,000, a touch lower than the 245,000 Dow Jones estimated, the Labor Department reported Thursday.that it could soon raise interest rates for the first time in more than three years.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Treasury yields inch higher with continued focus on jobs dataU.S. Treasury yields inched higher early on Thursday, as investors remained focused on jobs data.
Read more »
Treasury yields fall as investor focus turns to ADP employment reportU.S. Treasury yields fell early on Wednesday, with investor attention turning to ADP's latest employment change report.
Read more »
US T-bond yields stabilize, stock futures print losses as traders await ECB, BOEMarket sentiment stays sluggish as traders await key central bank verdicts amid reflation fears. While portraying the mood, US government bond yields
Read more »
U.K. bond yields spike as Bank of England hikes and ECB stands patU.K. bond yields spiked higher while Germany's edged higher as the Bank of England responded to above 5% inflation with an interest rate hike while the...
Read more »
Treasury yields inch higher with continued focus on jobs dataU.S. Treasury yields inched higher early on Thursday, as investors remained focused on jobs data.
Read more »
10-year Treasury yield edges higher ahead of labor dataLong-dated Treasury yields edged higher early Thursday as investors awaited weekly data on U.S. jobless claims and policy decisions from the Bank of England...
Read more »