10-Year Treasury Yield Falls to 4.43% Ahead of U.S. Jobs Data
Updated
Updated · Bloomberg · Jun 2
10-Year Treasury Yield Falls to 4.43% Ahead of U.S. Jobs Data
3 articles · Updated · Bloomberg · Jun 2
The 10-year Treasury yield slipped 2 basis points to 4.43%, leaving Treasuries near a three-week high before the week’s first U.S. employment readings.
Those jobs numbers could shape whether the Federal Reserve under new Chair Kevin Warsh has enough support to deliver an interest-rate hike.
The 10-year yield has already dropped 25 basis points over the past two weeks as signs of progress in resolving the Iran-US conflict lowered oil-price and inflation expectations.