Treasury yields are slightly higher than unemployed billing data


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.

Stock Selection and Investment Trends from CNBC Pro:

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


Please enter your comment!
Please enter your name here

Share post:


More like this

Vaccinations Cut U.S. COVID Deaths by 58%

{"@context":"","@type":"NewsArticle","mainEntityOfPage":"","lastReviewed":"nulldate","reviewedBy":{"@type":"Person"},"about":"COVID-19 Vaccine","datePublished":"07/06/2022 14:00:39","headline":"Vaccinations Cut U.S. COVID Deaths by 58%","author":{"@type":"Person","name":""},"dateModified":"07/06/2022...

Richmond Heights deadly hit skip – Cleveland, Ohio

Cleveland, Ohio 2022-07-06 14:35:16 – To: Talia Nakin Posted: Posted...

The Juul E-Cigarette Saga Continues, FDA Suspends Ban While Company Appeals

Last Month the Biden administration issued a ban on...

Albuquerque Police looking for information on westside shooting – Albuquerque, New Mexico

Albuquerque, New Mexico 2022-07-06 13:54:19 – Albuquerque, New Mexico...