Treasury yields are flat after latest U.S. private payrolls and services data releases
Publishing timestamp: 2024-06-05 11:12:25
Summary
The benchmark U.S. Treasury yield was little changed as investors considered the state of the economy amid key data releases. Fresh data from the services sector lessened some pressure on Treasury yields, but softening job market data raised hopes for potential interest rate cuts by the Federal Reserve. More labor market data is expected ahead of the next Fed meeting.
Sentiment: NEUTRAL
Keywords: prices, economy, u.s. 2 year treasury, economic events, u.s. 10 year treasury, government debt, economic outlook, treasury bills, labor economy, business news, personnel, bonds, u.s. treasury bonds, treasury notes,
Source: https://www.cnbc.com/2024/06/05/us-treasurys-investors-weigh-economic-data.html