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U.S. Treasury Yields Dip Amid Strong Employment Data

2/12/2026

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Story summary
  • U.S. Treasury yields fell slightly in Asian trading after reversing earlier gains from strong January 2026 employment data.
  • Danske Bank's Mohamad Al-Saraf said the January 2026 employment report was robust but signals a structural slowdown in U.S. employment growth.
  • Italy plans to auction up to 6.25 billion euros in government bonds, with strong eurozone demand narrowing the Italian-Bund spread to 61.4 basis points from 67 basis points.