U.S. Treasury yields rose slightly on Thursday morning, ahead of the release of weekly jobless claims data.
added less than a basis point, advancing to 1.871%. Yields move inversely to prices and 1 basis point is equal to 0.01%.The Labor Department is due to release the number of jobless claims filed during the week ended Sept. 11 at 8:30 a.m. ET. Economists polled by Dow Jones expecting a total of 320,000 Americans filed for unemployment insurance last week.
The Federal Reserve is monitoring the recovery in the labor market to help decide when it will begin tapering its asset purchases.
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 rise ahead of inflation dataU.S. Treasury yields rose early on Tuesday, ahead of the release of closely watched inflation data later in the morning.
Read more »
Treasury yields are mixed following lower-than-expected inflationU.S. Treasury yields were mixed on Wednesday morning, following data which showed lower-than-expected inflation.
Read more »
Stock futures rise slightly following S&P 500's best day in more than two weeksAfter seven straight months of gains for the S&P 500 and a near 20% rally this year, many expect bumpier trading and lower returns for the rest of the year.
Read more »
Pandemic pushed more Americans into poverty, but relief cash averted hardship, report saysThe Census Bureau reports the share of Americans living in poverty rose slightly amid the COVID pandemic, but massive relief payments eased problems for many.
Read more »