Treasury yields rise as traders digest latest U.S. unemployment data, bond auction
Publishing timestamp: 2024-05-10 11:32:42
Summary
U.S. Treasury yields rose on Friday as traders reacted to jobless claims and consumer sentiment data. Yields on 10-year and 2-year Treasuries increased. Investors are now expecting a more dovish stance on monetary policy. Warren Buffett's top 5 stock picks, Bank of America's recommendation on a shoe stock, Morgan Stanley's top picks for earnings, and warnings about Tesla's price cuts and potential demand issues were also highlighted.
Sentiment: MIXED
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