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US Treasury Yields Decline as Non-Farm Payroll Data Falls Short of Expectations
Summary: According to Jinshi's report, US Treasury yields have fallen as August's non-farm payroll data came in significantly lower than expected, reinforcing market expectations of a rate cut by the Federal Reserve at this month's policy meeting. The yield on the 2-year US Treasury note, which reflects interest rate expectations, dropped by 6.2 basis points to ...
According to Jinshi's report, US Treasury yields have fallen as August's non-farm payroll data came in significantly lower than expected, reinforcing market expectations of a rate cut by the Federal Reserve at this month's policy meeting. The yield on the 2-year US Treasury note, which reflects interest rate expectations, dropped by 6.2 basis points to 3.529%, while the benchmark 10-year Treasury yield slipped by 6.7 basis points to 4.109%.
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Link: US Treasury Yields Decline as Non-Farm Payroll Data Falls Short of Expectations [Copy]
