Treasury yields were mixed Thursday morning as investors predicted economic data this week.
Benchmark yield 10-year government bond By about 2 am EST, it had risen 10 points to 1.5926%.Yield 30-year government bond 11 Basis points dropped to 2.2774%. Yield is inversely proportional to price.
Investors are monitoring inflationary dynamics as the US economy resumes.Former Federal Reserve Bank of New York Governor spoke to CNBC on Wednesday William Dudley He said the recent surge in inflation is temporary for now, but could continue further in the future.
New jobs will be announced at 8:15 EST and the first unemployment insurance application deadline is 8:30 EST.
Elsewhere, Federal Reserve Bank of Atlanta President Raphael Bostic speaks at 12:30 pm Eastern Standard Time, and Federal Reserve Bank of Dallas President Robert Kaplan speaks at Rice University Jones Graduate School of Business. ..
Yields on US Treasuries vary prior to economic data
Source link Yields on US Treasuries vary prior to economic data