U.S. 10-Year Treasury Yield Rises to 4.39% as Traders Await 7.3 Million JOLTS
Updated
Updated · CNBC · Jun 30
U.S. 10-Year Treasury Yield Rises to 4.39% as Traders Await 7.3 Million JOLTS
3 articles · Updated · CNBC · Jun 30
Summary
The 10-year Treasury yield edged up more than 1 basis point to 4.39% on June’s final trading day, with the 2-year at 4.125% and the 30-year at 4.873%.
Those muted moves came as investors shifted focus from easing energy-price pressure to this week’s labor data, which will help shape views on growth, inflation and Fed policy.
May JOLTS job openings are due Tuesday and are expected at 7.3 million after April jumped 731,000 to 7.6 million, leaving more openings than unemployed workers.
ISM manufacturing data follow Wednesday, before Thursday’s June unemployment rate and nonfarm payrolls, making the labor market the next key test for Treasury trading.