US Treasury revenues fell on Thursday after having sharp declines on Wednesday on the back of a list of disappointing American data.
the Return for two years More than one basis point decreased to 3.866 %, while 10 years of return treasury It decreased by more than 2 basis points by 4.339 %. the A 30 -year bond returns It was withdrawn more than 3 basis points by 4.85 %.
One basis point equal to 0.01 %. The return and prices are inversely transmitted in the bond market.
Investors will monitor trade data in April, and on the latest initial unemployment claims that appear later on Thursday, after a group of weak indicators sent treasury revenues on very slope stumbling during the previous session. The bond returns fell for 10 years by more than 10 basis points on Wednesday.
the Improving the activity of the services sector is unexpectedly In May to 49.9 %, slightly lower than the threshold that separates the expansion of deflation and the loss of Dow Jones at 52.1 %.
Likewise, private sector salaries lists It increased by only 37,000 in MayToo less than Dow Jones estimate 110,000. The disappointing number has increased the investor’s concerns about the weak labor market and its potential economic repercussions.
Despite expectations, the latest numbers are not “very bad” to revive concerns about stagnation in the world’s largest economy, and Deutsche Bank wrote in a research note published on Thursday.
Later this week, traders will also monitor salary statements and unemployment rate in May, on Friday.
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