US Treasury yields fell slightly on Thursday morning prior to the release of weekly unemployment claims data.
Benchmark yield 10-year government bond It dropped to 1.275% below 1 basis point at 3:30 EST.Yield 30-year government bond Below the basis point, it dropped to 1.924%. Yields are inversely proportional to price, and one basis point is equivalent to 0.01 percentage points.
The US Department of Labor will announce the number of unemployed claims filed last Thursday at 8:30 EST. Economists polled by Dow Jones expect the number of initial applications for the week ending July 17 to increase from 360,000 to 350,000.
Existing US home sales data for June will be released at 10 am EST.
The auction will take place on Thursday with $ 40 billion in 4-week bills, $ 35 billion in 8-week bills, and $ 16 billion in 10-year Treasury inflation protection securities.
— — CNBC’s Pippa Stevens contributed to this market report.
Treasury yields are slightly above unemployed billing data
Source link Treasury yields are slightly above unemployed billing data