US Treasury yields move higher ahead of jobless data, auctions

  • 📰 CNBC
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

U.S. government debt prices were lower Thursday morning, as market focus remained on corporate results.

div > div.group > p:first-child"> At around 02:15 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 2.5235%, while the yield on the 30-year Treasury bond was also higher at 2.9413%.

Investors are tracking earnings, with bond traders weighing up whether the Federal Reserve could perhaps return to a more hawkish stance if conditions look to be improving for large businesses in the country. They will also keep an eye on data with jobless claims and durable goods out at 8:30 a.m. ET and housing vacancies due at 10:00 a.m. ET.

In terms of auctions, the U.S. Treasury is set to sell $32 billion in seven-year notes Thursday, $50 billion in four-week bills and $35 billion in eight-week bills.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 12. in LOANS

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.

US Treasury yields tick lower as investors await economic data, auctionsU.S. government debt prices were higher Tuesday morning, as market participants looked ahead to economic data and Treasury auctions.
Source: CNBC - 🏆 12. / 72 Read more »

US Treasury yields tick lower as earnings take center stageU.S. government debt prices were higher Wednesday morning, as market focus remains on corporate results.
Source: CNBC - 🏆 12. / 72 Read more »