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Treasury yields are flat ahead of Friday's jobs report - TL;DR CNBC

Treasury yields are flat ahead of Friday's jobs report

Publishing timestamp: 2024-10-31 16:12:08


Summary

U.S. Treasury yields remained steady as traders awaited the upcoming jobs report. Economic data showed inflation in line with expectations and jobless claims lower than anticipated. Investors are looking ahead to the nonfarm payrolls report and the next Federal Reserve meeting. Fed funds futures indicate a high likelihood of a quarter-point rate cut.


Sentiment: NEUTRAL

Tickers: CMEUS10YUS2YBA

Keywords: government debtpersonnelpricesunited statesbusiness newscme group incboeing cobondsbreaking news: marketsu.s. 2 year treasurylabor economyu.s. economyu.s. 10 year treasurymarketseconomic events

Source: https://www.cnbc.com/2024/10/31/us-treasury-yields-edge-higher-as-traders-await-key-inflation-data.html


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