Treasury yields slip as Wall Street awaits August nonfarm payrolls report
Publishing timestamp: 2024-09-05 13:41:08
Summary
U.S. Treasury yields ticked lower as Wall Street assessed employment data ahead of the August nonfarm payrolls report. ADP reported a smaller-than-expected increase in private payrolls for August, raising concerns about the health of the U.S. economy. Investors are awaiting the nonfarm payrolls data release on Friday, with uncertainty about the size of the expected rate cut by the Federal Reserve later this month.
Sentiment: MIXED
Keywords: prices, breaking news: markets, united states, business news, economic events, government debt, treasury notes, bonds, u.s. 10 year treasury, markets, u.s. 2 year treasury, labor economy, treasury bills,
Source: https://www.cnbc.com/2024/09/05/us-treasury-yields-as-jobs-data-comes-into-focus.html