U.S. yields slip after unemployment data surprises to the upside
U.S. Treasury yields experienced a slight decline following the release of unexpected economic data. The yield on the benchmark 10-year Treasury note reached its highest level since January 2025 earlier in the week. Investors are currently assessing the implications of geopolitical events and inflation on the U.S. economy.
- ▪The yield on the 10-year Treasury note was last up 2.6 basis points at 4.611 percent.
- ▪The 30-year Treasury bond's yield was last up 1.7 basis points at 5.139 percent.
- ▪Investors are pricing in a 56.3 percent chance that the Federal Reserve could raise rates in December.
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ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountU.S. Treasury yields retraced a portion of their Thursday morning gains after the release of stronger-than-expected economic data, as investors weigh the Iran war’s impact on inflation and the U.S. economy.The yield on the benchmark 10-year Treasury note was last up 2.6 basis points on the day at 4.611 per cent. It reached its highest level since January 2025 on Tuesday, surging to 4.687 per cent.The 30-year Treasury bond’s yield, which is seen as a barometer of geopolitical and fiscal risk, was last up 1.7 bps at 5.139 per cent.
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