US 10-Year Yield Falls Back Toward 4% Amid More Weak Jobs Data
Treasury yields edged lower, with the 10-year nearing 4%, as data affirming labor-market weakness and remarks from Federal Reserve Governor Stephen Miran bolstered expectations for an interest-rate cut next month.
By Elizabeth Stanton, Michael MacKenzie · Bloomberg Markets
Treasury yields edged lower, with the 10-year nearing 4%, as data affirming labor-market weakness and remarks from Federal Reserve Governor Stephen Miran bolstered expectations for an interest-rate cut next month.