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US Treasury Yields Surge, Then Dip Before Jobs Report

6/4/2026

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Summary

Story summary

On Wednesday, June 3 2026, U.S. Treasury yields rose after a stronger-than-expected ADP report and higher oil prices.
The 10-year yield rose to 4.489%, the 2-year to 4.078%, and the 30-year to 4.989%.
On Thursday, June 4 2026, yields fell to 4.463% (10-yr), 4.043% (2-yr) and 4.971% (30-yr) as investors awaited employment data and hoped a Middle East ceasefire would cut energy costs.

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Story summary

On Wednesday, June 3 2026, U.S. Treasury yields rose after a stronger-than-expected ADP report and higher oil prices.
The 10-year yield rose to 4.489%, the 2-year to 4.078%, and the 30-year to 4.989%.
On Thursday, June 4 2026, yields fell to 4.463% (10-yr), 4.043% (2-yr) and 4.971% (30-yr) as investors awaited employment data and hoped a Middle East ceasefire would cut energy costs.