Treasury yields mixed ahead of jobless claims data

Investors will likely be poring over the Labor Department’s latest update on jobless claims, due out at 8:30 a.m. ET, in light of last week’s blockbuster payroll report. Economists polled by Dow Jones expect first-time unemployment insurance claims to total 694,000 for the week ended April 3. Yields have been rising recently over concerns about… Continue reading Treasury yields mixed ahead of jobless claims data

Published
Categorized as News Tagged

10-year Treasury yield holds above 1.1% following Biden’s stimulus pledge

The 10-year U.S. Treasury yield remained higher than the 1.1% mark on Monday morning, after President-elect Joe Biden on Friday promised further economic stimulus that would be “in the trillions of dollars.” The yield on the benchmark 10-year Treasury note rose to 1.11% at 3:45 a.m. ET, while the yield on the 30-year Treasury bond… Continue reading 10-year Treasury yield holds above 1.1% following Biden’s stimulus pledge

Treasury yields rise as Biden transition process begins

General Services Administration chief Emily Murphy told Biden on Monday that the Trump administration would make federal resources available for his transition into office.Biden also announced on Monday that he had chosen former Federal Reserve Chair Janet Yellen to be Treasury Secretary.U.S. Treasury yields advanced on Tuesday after President Donald Trump accepted that President-elect Joe… Continue reading Treasury yields rise as Biden transition process begins