U.S. Treasury yields: investors look to key jobs data
U.S. Treasury yields were mixed Friday as investors looked to the October jobs report which could show whether the labor market is easing.
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U.S. Treasury yields were mixed Friday as investors looked to the October jobs report which could show whether the labor market is easing.
With Wall Street traders pricing in only a 20% chance of a rate increase in December, the yield on 10-year Treasury notes fell to fresh two-week low of 4.705% while the two-year US Treasury yield, which typically moves in step with interest rate expectations, fell to near two-month low of 4.925%.
U.S. Treasury yields declined on Thursday as investors digested the Fed’s latest interest rate decision and guidance on monetary policy.
Investors awaited the latest Fed rate decision and guidance from the central bank about the outlook for monetary policy.
Vanguard chief investment officer Greg Davis believes the Federal Reserve is not done hiking interest rates.