The yields of the US Treasury fell down on Thursday while investors would digest data from the labor market.
THE Yield at 2 years dropped by more than 2 base points to 3.848%, while the Treasury yield at 10 years Lut dropped by more than 3 base points to 4.328%. THE 30 -year bond yield Terré more than 4 base points at 4.843%.
A basic point is 0.01%. Yields and prices change inversely on the bond market.
The latest unemployed weekly complaints are higher than expected. The deposits for the first time for unemployment benefits took place at 247,000 last week, the Labor Department reported on Thursday. It is more than the Dow Jones estimate of 236,000.
Lower movements in yields also occur after Sharp decreased on Wednesday on Wednesday on the back of a list of other disappointing American data.
The activity of the services sector has unexpectedly weakened in May 49.9%, sliding just below the threshold that separates the expansion of the contraction and missing the Dow Jones forecast of 52.1%
Likewise, the private sector’s wage bill increased only by 37,000 in May, not exceeding a Dow Jones estimate by 110,000. The disappointing figure has strengthened investors concerning a weakening of the labor market and its potential economic benefits.
Despite forecasts for forecasts, the latest figures are not “so badly” to relaunch fears concerning a recession in the greatest economy in the world, wrote Deutsche Bank in a research note published Thursday.
Later this week later, traders will also have an eye on the pay rate and the non -agricultural unemployment rate in May, which will be released on Friday.
