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Yields Rise Amid Job Report Anticipation and Consumer Concerns

2/10/2026

42 7 Full Breakdown

Summary

Story summary

The benchmark 10-year yield rose to 4.24% and the 30-year yield climbed to 4.9% as investors awaited key data.
The January jobs report, delayed by the government shutdown, is expected to show a gain of 60,000 jobs and a 4.4% unemployment rate.
December retail sales were flat, missing forecasts and signaling consumer confidence issues.
China urged banks to reduce exposure to U.S. Treasurys because of volatility risks.

History

Historical Context

The 2013 U.S. government shutdown, lasting from October 1 to 17, resulted from a budget impasse over the Affordable Care Act, leading to the furlough of 800,000 federal employees and an estimated $24 billion economic loss. This event echoed earlier shutdowns, such as the 1995-96 crisis, and continues to influence current fiscal anxieties, reflected in rising yields and stalled job reports.

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Story summary

The benchmark 10-year yield rose to 4.24% and the 30-year yield climbed to 4.9% as investors awaited key data.
The January jobs report, delayed by the government shutdown, is expected to show a gain of 60,000 jobs and a 4.4% unemployment rate.
December retail sales were flat, missing forecasts and signaling consumer confidence issues.
China urged banks to reduce exposure to U.S. Treasurys because of volatility risks.

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