At around 3:30 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 2.7204 percent, while the yield on the 30-year Treasury bond was also higher at 3.0867 percent.
Market participants are likely to closely monitor a flurry of economic data releases on Friday. Personal income, consumer spending and core PCE figures for December and January will be released at around 8:30 a.m. ET. Manufacturing PMI, ISM manufacturing and consumer sentiment data are all expected to follow later in the session.Elsewhere, oil prices were slightly higher as markets tightened amid ongoing output cuts by producer club OPEC.
International benchmark Brent crude traded at around $66.84 on Friday, up around 0.7 percent, while U.S. West Texas Intermediate stood at around $57.69, more than 0.8 percent higher.
Economic data
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Treasury yields fall amid US-China trade talksU.S. government debt prices rose on Friday following the release of weak economic data, and as trade talks with China continued. What a shame. And I don't think any one of those people in the picture will look good on a pole. Did you ask Bill Gates about buying Apple stock?
Source: CNBC - 🏆 12. / 72 Read more »
Treasury yields tick higher with optimism over US-China trade talksU.S. government debt prices ticked lower on Monday as investors kept an eye on trade negotiations between the U.S. and China. Hi, This is editography. Looking for an awesome book cover ? This link may help you. Click here :
Source: CNBC - 🏆 12. / 72 Read more »
US Treasury yields move higher ahead of another Powell speechU.S. government debt prices were lower on Wednesday morning, as investors awaited another speech from Federal Reserve Chairman Jerome Powell.
Source: CNBC - 🏆 12. / 72 Read more »
US Treasury yields move lower after Trump-Kim summit ends earlyU.S. government debt prices were higher on Thursday morning, after President Donald Trump said he cut short his nuclear summit with North Korean leader Kim Jong Un because the two sides could not agree on sanctions. Inverse? How the f**k is the market not selling off? Everyday with this nonsense. No meaningful sell off in months, it’s unnatural. This market is completely engineered and news is reporting garbage. I’m disgusted, truly disgusted with the fraudulence in our financial system right now
Source: CNBC - 🏆 12. / 72 Read more »