Treasuries had mixed day, ending slightly lower, as bond prices fluctuated

From Nasdaq.: 2024-12-03 15:18:18

Treasuries had a mixed day of trading on Tuesday, with bond prices fluctuating before ending in the red. The yield on the benchmark ten-year note rose to 4.223 percent. Job openings in the U.S. increased to 7.744 million in October, surpassing expectations. The economic calendar is set to pick up, with the release of the monthly jobs report on Friday. Traders are monitoring data and remarks from Federal Reserve officials, including Fed Chair Jerome Powell, that could impact interest rate outlook. CME Group’s FedWatch Tool predicts a 73.8 percent chance of a rate cut. Private sector employment reports and Powell’s remarks are anticipated on Wednesday.



Read more at Nasdaq.: Treasuries Finish Choppy Trading Day Modestly Lower