U.S. Treasury yields hold steady as markets await more jobs data
By
Hugh Leask
1mo ago· 2 min readenNews
Summary
U.S. Treasury yields remained largely unchanged on Thursday as investors awaited additional jobs data. The 10-year Treasury yield held steady at 4.4828%, while the 2-year yield dipped slightly by 2 basis points to 4.0638%. Renewed hopes for a Middle East ceasefire contributed to lower energy costs. The pause follows a previous session where yields had moved higher.
Source
bskyU.S. Treasury yields hold steady as markets await more jobs datacnbc.comKey quotes
· 2 pulledThe yield on the 10-year Treasury note — the main benchmark for mortgages, auto loans and credit card debt — was unchanged at 4.4828% on Thursday morning.
The yield on the 2-year Treasury note, which typically reacts in line with short-term Federal Reserve interest rate decisions, was about 2 basis point lower at 4.0638%.
Treasury yields were unchanged on Thursday after moving higher the previous session.
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