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Bond Report: Treasury yields tick lower as investors gear up for U.S. private-sector jobs data [MarketWatch]
Last automatic data processing, inc. earnings: 4/29 06:56 am
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US:NASDAQ Investor Relations: investors.adp.com
Treasury yields tick lower as investors gear up for U.S. private-sector jobs data U.S. Treasury yields retreated Wednesday as investors awaited a reading on U.S. private-sector employment, amid rising concerns that pockets of weakness in industry may contaminate the rest of the American economy. The 10-year Treasury note yield TMUBMUSD10Y, +0.11% was down 1.9 basis points to 1.625%, while the 2-year note rate TMUBMUSD02Y, -1.03% shed 4.4 basis points to 1.512%. The 30-year bond yield TMUBMUSD30Y, +0.58% edged lower by 1.3 basis points to 2.093%. Automatic Data Processing Inc. will release its private-sector employment report at 8:15 a.m. Eastern. Economists polled by Econoday estimate that private-sector employment for September will come in at 152,000. This comes a day after disappointing data from the U.S. ISM manufacturing index in September weighed on investor sentiment, drawing investors into the safety of government bonds. The ISM gauge fell to 47.8, its worst reading si
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- 11/8/24 - Form 4
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