The yield on U.S. Treasuries inched higher as markets awaited the release of labor market data, which could give indications about inflation and Fed policy.
The yield on U.S. Treasuries inched higher on Friday as markets awaited the release of labor market data, which could give indications about inflation and future Federal Reserve policy.was up 2 basis points to 3.
8448% at around 3:45 a.m. ET. It has seen a volatile couple of weeks, falling below 3.6% briefly earlier in the week after surpassing the 4% mark last week.Yields and prices have an inverted relationship and one basis point equals 0.01%.
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