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U.S. Treasury Yields Rise as Job Data Looms

1/6/2025

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Summary

Story summary

U.S. Treasury yields increased, reaching 4.6% for the 10-year and 4.2% for the 2-year.
Investors are anticipating crucial jobs data, including the S&P Global Composite PMI and JOLTs Job Openings.
The ADP Employment Change report is projected to indicate 130,000 jobs added in December.
The upcoming nonfarm payrolls report estimates 155,000 new jobs and an unchanged unemployment rate of 4.2%.

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Story summary

U.S. Treasury yields increased, reaching 4.6% for the 10-year and 4.2% for the 2-year.
Investors are anticipating crucial jobs data, including the S&P Global Composite PMI and JOLTs Job Openings.
The ADP Employment Change report is projected to indicate 130,000 jobs added in December.
The upcoming nonfarm payrolls report estimates 155,000 new jobs and an unchanged unemployment rate of 4.2%.