Treasury yields are slightly higher than unemployed billing data

Date:

US Treasury yields rose slightly Thursday morning prior to the release of weekly unemployment claims data.

Benchmark yield 10-year government bond It rose to 1.306% below the basis point at 3:45 EST.Yield 30-year government bond Less than basis points were added, rising to 1.871%. Yield is inversely proportional to price, and one basis point is equivalent to 0.01%.

The Ministry of Labor will announce the number of unemployed claims filed during the week ending September 11th at 8:30 am EST. Economists polled by Dow Jones expect a total of 320,000 Americans to take out unemployment insurance last week.

The Federal Reserve Board is monitoring the recovery of the labor market to determine when to begin tapering asset purchases.

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Inflation is another economic indicator that the Fed uses to determine the timeline for monetary policy. Data released on Tuesday In August, prices rose moderately. Yields fell as this eased cooler-than-expected inflation data from the Fed’s expectation that it would soon end its bond-buying program.

August retail sales data will also be released at 8:30 EST.

The auction will take place on Thursday, with a four-week invoice of $ 15 billion and an eight-week invoice of $ 30 billion.

— — CNBC’s YunLi contributed to this market report.

Treasury yields are slightly higher than unemployed billing data

Source link Treasury yields are slightly higher than unemployed billing data

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