Bond market sees shift as Treasury prices fall, 10-year yield rises to 4.29%, still below average

The world’s largest bond market is experiencing a slight shift as Treasury prices fall after a period of excessive buying in June. The 10-year yield has risen by 0.05 percentage point to 4.29%, indicating lower bond prices. Despite this, yields remain below the 200-day moving average of 4.317%.

Investors are keeping an eye on Thursday’s payroll report, as the bond market continues to adjust following a significant decline in June. The 10-year yield has increased by 0.023, reaching 4.29%. While prices are lower, they are still above the 200-day moving average of 4.317%, suggesting a more balanced market.

Read more at Dow Jones & Company: Why Bonds Face a Payrolls Problem