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Treasury yields edge higher as investors await key US jobs data

From cnbc.com

U.S. Treasury yields edged higher Friday as investors await a key jobs report that could provide clues about the state of the economy and inform the Federal Reserve’s monetary policy decisions ahead. At 5:39 a.m. ET, the yield on the 10-year Treasury was up 1.7 basis points at 4.108%. The 2-year Treasury yield was last trading less than 1 basis point higher at 4.862%. Yields and prices have an inverted relationship. One basis point equals 0.01%.Investors are watching August’s payroll report, due to be released at 8.30 a.m. ET., for fresh clues about whether the labor market is cooling. Signs of an economic slowdown ... (full story)

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  • Category: Fundamental Analysis